JPMorgan Global Emerg Mkts (LON:JEMI) Hits New 12-Month High – Here’s What Happened

Shares of JPMorgan Global Emerg Mkts Inc (LON:JEMI) reached a new 52-week high on Thursday . The company traded as high as GBX 217 and last traded at GBX 216, with a volume of 400106 shares changing hands. The stock had previously closed at GBX 211.

JPMorgan Global Emerg Mkts Price Performance

The company has a market cap of £561.21 million, a P/E ratio of 4.94 and a beta of 1.08. The firm’s 50-day moving average is GBX 199.15 and its two-hundred day moving average is GBX 186.74.

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

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.