JPMorgan Emerging Markets (LON:JMG) Stock Crosses Below 50-Day Moving Average – Should You Sell?

JPMorgan Emerging Markets (LON:JMG) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 106.55 ($1.40) and traded as low as GBX 97.90 ($1.29). JPMorgan Emerging Markets shares last traded at GBX 99.40 ($1.31), with a volume of 11,372,612 shares changing hands.

JPMorgan Emerging Markets Stock Down 0.5 %

The firm has a market capitalization of £1.05 billion, a PE ratio of 13.11 and a beta of 0.62. The stock has a 50-day moving average price of GBX 106.55 and a 200 day moving average price of GBX 108.52.

JPMorgan Emerging Markets (LON:JMG) last posted its quarterly earnings data on Tuesday, February 25th. The company reported GBX 0.75 ($0.01) earnings per share for the quarter. JPMorgan Emerging Markets had a net margin of 82.19% and a return on equity of 6.30%.

Insiders Place Their Bets

In other JPMorgan Emerging Markets news, insider Dean Buckley bought 50,000 shares of the company’s stock in a transaction dated Monday, April 7th. The stock was acquired at an average price of GBX 90 ($1.19) per share, with a total value of £45,000 ($59,335.44). 1.84% of the stock is owned by company insiders.

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.