JPMorgan Global Emerg Mkts (LON:JEMI) Sets New 52-Week High – Here’s What Happened

JPMorgan Global Emerg Mkts Inc (LON:JEMI) hit a new 52-week high on Wednesday . The company traded as high as GBX 84 and last traded at GBX 198, with a volume of 452241 shares. The stock had previously closed at GBX 194.50.

JPMorgan Global Emerg Mkts Price Performance

The firm has a market cap of £520.48 million, a price-to-earnings ratio of 4.53 and a beta of 1.04. The firm’s fifty day moving average is GBX 187.46 and its 200-day moving average is GBX 177.97.

JPMorgan Global Emerg Mkts (LON:JEMI) last posted its quarterly earnings data on Thursday, April 2nd. The company reported GBX 2.20 earnings per share for the quarter. The firm had revenue of GBX 745 million during 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.