JPMorgan Global Emerg Mkts (LON:JEMI) Stock Crosses Above Fifty Day Moving Average – Here’s Why

Shares of JPMorgan Global Emerg Mkts Inc (LON:JEMI) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 204.38 and traded as high as GBX 210. JPMorgan Global Emerg Mkts shares last traded at GBX 209, with a volume of 564,901 shares trading hands.

JPMorgan Global Emerg Mkts Stock Up 0.5%

The company has a market cap of £543.32 million, a P/E ratio of 4.81 and a beta of 1.04. The firm’s 50 day moving average is GBX 204.35 and its two-hundred day moving average is GBX 197.07.

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