JPMorgan Global Emerg Mkts (LON:JEMI) Sets New 52-Week High – Here’s What Happened

JPMorgan Global Emerg Mkts Inc (LON:JEMI)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 208 and last traded at GBX 207, with a volume of 143888 shares. The stock had previously closed at GBX 203.

JPMorgan Global Emerg Mkts Stock Performance

The firm has a market capitalization of £538.76 million, a P/E ratio of 4.74 and a beta of 1.08. The stock has a fifty day moving average price of GBX 188.89 and a two-hundred day moving average price of GBX 181.58.

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

About JPMorgan Global Emerg Mkts

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.