JPMorgan Global Emerg Mkts (LON:JEMI) Reaches New 1-Year High – Time to Buy?

JPMorgan Global Emerg Mkts Inc (LON:JEMI)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 85 and last traded at GBX 202.02, with a volume of 573578 shares traded. The stock had previously closed at GBX 202.

JPMorgan Global Emerg Mkts Trading Up 0.0%

The firm has a market capitalization of £522.74 million, a price-to-earnings ratio of 4.62 and a beta of 1.09. The firm has a 50 day moving average price of GBX 204.55 and a two-hundred day moving average price of GBX 191.76.

JPMorgan Global Emerg Mkts (LON:JEMI) last posted its earnings results on Friday, June 26th. The company reported GBX 0.37 earnings per share (EPS) for the quarter. JPMorgan Global Emerg Mkts had a net margin of 94.77% and a return on equity of 24.31%.

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.