JPMorgan Global Emerg Mkts (LON:JEMI) Issues Earnings Results

JPMorgan Global Emerg Mkts (LON:JEMI) announced its quarterly earnings results on Friday. The company reported GBX 0.37 earnings per share (EPS) for the quarter, Digital Look Earnings reports. JPMorgan Global Emerg Mkts had a return on equity of 24.31% and a net margin of 94.77%.

JPMorgan Global Emerg Mkts Price Performance

Shares of JEMI opened at GBX 207 on Friday. JPMorgan Global Emerg Mkts has a 12 month low of GBX 143.50 and a 12 month high of GBX 221. The stock’s 50-day moving average is GBX 201.13 and its two-hundred day moving average is GBX 188.11. The stock has a market cap of £537.83 million, a PE ratio of 4.74 and a beta of 1.08.

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.