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

Shares of JPMorgan Global Emerg Mkts Inc (LON:JEMIGet Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 77.40 and last traded at GBX 168, with a volume of 1093101 shares changing hands. The stock had previously closed at GBX 166.50.

JPMorgan Global Emerg Mkts Stock Up 0.9%

The company has a market cap of £447.20 million and a price-to-earnings ratio of 8.24. The company’s 50-day moving average is GBX 157.30 and its 200 day moving average is GBX 148.42.

JPMorgan Global Emerg Mkts Company Profile

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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.

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