JPMorgan Global Emerg Mkts (LON:JEMI) Announces Earnings Results

JPMorgan Global Emerg Mkts (LON:JEMI) released its quarterly earnings data on Friday. The company reported GBX 1.48 ($0.02) earnings per share for the quarter, Digital Look Earnings reports. JPMorgan Global Emerg Mkts had a net margin of 72.95% and a return on equity of 5.95%.

JPMorgan Global Emerg Mkts Stock Performance

Shares of LON:JEMI opened at GBX 125.09 ($1.61) on Friday. The company has a market capitalization of £348.07 million and a P/E ratio of 14.15. JPMorgan Global Emerg Mkts has a fifty-two week low of GBX 122.58 ($1.58) and a fifty-two week high of GBX 142.50 ($1.84). The company’s 50-day moving average is GBX 134.44 and its 200 day moving average is GBX 133.93.

About JPMorgan Global Emerg Mkts

JPMorgan Global Emerging Markets Income Investment Trust 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.