JPMorgan Emerging Markets (LON:JMG) Stock Price Down 0.9% – Here’s Why

JPMorgan Emerging Markets (LON:JMG)’s share price was down 0.9% during trading on Friday. The stock traded as low as GBX 135.60 and last traded at GBX 135.80. 1,680,480 shares changed hands during trading, a decline of 18% from the average daily volume of 2,057,537 shares. The stock had previously closed at GBX 137.

JPMorgan Emerging Markets Price Performance

The firm has a market cap of £1.33 billion, a price-to-earnings ratio of 29.33 and a beta of 0.91. The business’s 50-day moving average price is GBX 135.80 and its two-hundred day moving average price is GBX 135.80.

JPMorgan Emerging Markets Company Profile

Gain access to the attractive long-term growth potential of emerging markets – Focus on quality, sustainable growth across the market cap spectrum We aim to maximise total returns by building a diversified portfolio of high quality emerging market companies, both large and small caps, with the potential to deliver sustainable long term growth. The award winning JPMorgan Emerging Markets Investment Trust offers investors access to a high conviction, diversified portfolio of emerging market stocks with a low turnover. – The trust benefits from the local research expertise of one of the largest and most experienced emerging market investment teams in the industry. – The trust has maintained a longstanding focus on companies with strong governance, as well as taking into account material environmental and social considerations.