JPMorgan Global Emerg Mkts (LON:JEMI) Hits New 1-Year High – Here’s Why

JPMorgan Global Emerg Mkts Inc (LON:JEMI) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 216 and last traded at GBX 209.61, with a volume of 1153362 shares traded. The stock had previously closed at GBX 205.

JPMorgan Global Emerg Mkts Stock Down 1.7%

The firm has a market cap of £544.89 million, a P/E ratio of 4.79 and a beta of 1.08. The firm has a fifty day moving average of GBX 191.86 and a 200-day moving average of GBX 183.30.

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

JPMorgan Global Emerg Mkts Company Profile

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.