JPMorgan Global Emerg Mkts (LON:JEMI) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

Shares of JPMorgan Global Emerg Mkts Inc (LON:JEMI) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 131.34 ($1.75) and traded as high as GBX 142 ($1.89). JPMorgan Global Emerg Mkts shares last traded at GBX 142 ($1.89), with a volume of 773,015 shares.

JPMorgan Global Emerg Mkts Stock Down 0.0%

The stock has a fifty day moving average of GBX 131.34 and a two-hundred day moving average of GBX 133.26. The stock has a market cap of £395.07 million and a price-to-earnings ratio of 16.07.

JPMorgan Global Emerg Mkts (LON:JEMI) last announced its quarterly earnings data on Friday, April 4th. The company reported GBX 1.48 ($0.02) earnings per share for the quarter. JPMorgan Global Emerg Mkts had a return on equity of 5.95% and a net margin of 72.95%.

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.