JPMorgan Global Emerg Mkts (LON:JEMI) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

JPMorgan Global Emerg Mkts Inc (LON:JEMI) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 194.01 and traded as low as GBX 190. JPMorgan Global Emerg Mkts shares last traded at GBX 195.50, with a volume of 679,008 shares trading hands.

JPMorgan Global Emerg Mkts Trading Up 3.3%

The business has a 50-day moving average of GBX 204.67 and a 200 day moving average of GBX 194.01. The firm has a market capitalization of £522.70 million, a P/E ratio of 4.62 and a beta of 1.09.

JPMorgan Global Emerg Mkts (LON:JEMI) last announced its quarterly earnings results on Friday, June 26th. The company reported GBX 0.37 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%.

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.