Jpmorgan Emerging Markets Growth & Income (LON:JMGI) Announces Quarterly Earnings Results

Jpmorgan Emerging Markets Growth & Income (LON:JMGI) issued its earnings results on Friday. The company reported GBX 2.97 earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Jpmorgan Emerging Markets Growth & Income Trading Up 1.1%

Shares of Jpmorgan Emerging Markets Growth & Income stock traded up GBX 1.80 on Friday, hitting GBX 171. 925,835 shares of the company traded hands, compared to its average volume of 2,283,735. Jpmorgan Emerging Markets Growth & Income has a 52 week low of GBX 130.60 and a 52 week high of GBX 181.20. The company has a market cap of £1.61 billion and a PE ratio of 6.33. The stock’s 50 day moving average price is GBX 165.43 and its 200-day moving average price is GBX 161.91.

Insider Activity

In other Jpmorgan Emerging Markets Growth & Income news, insider Alison Jefferis acquired 5,921 shares of the stock in a transaction that occurred on Thursday, July 2nd. The stock was bought at an average cost of GBX 169 per share, with a total value of £10,006.49. Insiders own 0.05% of the company’s stock.

Jpmorgan Emerging Markets Growth & Income Company Profile

Jpmorgan Emerging Markets Growth & Income (LON: JMGI) is a London-listed closed‑ended investment company that provides investors with exposure to equities in emerging markets. The trust is managed by J.P. Morgan Asset Management and seeks to deliver long‑term capital growth together with an attractive level of income by investing primarily in listed companies operating in developing economies.

The company’s core activity is active equity management: selecting a diversified portfolio of stocks across a range of sectors and countries within the emerging‑market universe.