JPMorgan Global Emerg Mkts (LON:JEMI) Sets New 12-Month High – Time to Buy?

JPMorgan Global Emerg Mkts Inc (LON:JEMI)’s stock price reached a new 52-week high on Tuesday . The company traded as high as GBX 84 and last traded at GBX 197, with a volume of 473386 shares traded. The stock had previously closed at GBX 202.

JPMorgan Global Emerg Mkts Stock Performance

The stock’s 50-day moving average price is GBX 187.28 and its two-hundred day moving average price is GBX 179.08. The stock has a market capitalization of £512.74 million, a PE ratio of 4.51 and a beta of 1.04.

JPMorgan Global Emerg Mkts (LON:JEMI) last announced its quarterly earnings data on Thursday, April 2nd. The company reported GBX 2.20 EPS for the quarter. JPMorgan Global Emerg Mkts had a net margin of 94.77% and a return on equity of 24.31%. The company had revenue of GBX 745 million for the quarter.

JPMorgan Global Emerg Mkts Company Profile

Take a closer look at emerging markets

JPMorgan Emerging Markets Dividend Income plc provides a diversified income-oriented way to tap into the growth potential of global emerging markets.

Key points:

Expertise – Extensive network of country and sector specialists from one of the longest established emerging market teams in the industry.
Portfolio – Focused on finding sustainable businesses that have good dividend growth prospects.
Results – Provides a lower risk way to access emerging markets, by investing in stable companies with regular income and good governance structures.

Why invest in this trust

The trust primarily seeks a dividend yield which is higher than the average emerging market company but also growth companies in this exciting equity sector.