Jpmorgan Emerging Markets Growth & Income (LON:JMGI) Posts Quarterly Earnings Results

Jpmorgan Emerging Markets Growth & Income (LON:JMGI) released its quarterly earnings data on Thursday. The company reported GBX 1.11 EPS for the quarter, Digital Look Earnings reports.

Jpmorgan Emerging Markets Growth & Income Price Performance

Shares of Jpmorgan Emerging Markets Growth & Income stock remained flat at GBX 153.40 during midday trading on Thursday. 1,980,033 shares of the stock were exchanged, compared to its average volume of 2,378,316. The company has a market cap of £1.49 billion and a P/E ratio of 33.13. Jpmorgan Emerging Markets Growth & Income has a fifty-two week low of GBX 130.60 and a fifty-two week high of GBX 155.60.

Insiders Place Their Bets

In related news, insider Helena Coles purchased 1,484 shares of Jpmorgan Emerging Markets Growth & Income stock in a transaction on Friday, November 28th. The stock was bought at an average price of GBX 133 per share, with a total value of £1,973.72. 0.04% of the stock is currently owned by company insiders.

Jpmorgan Emerging Markets Growth & Income Company Profile

Jpmorgan Emerging Markets Growth & Income (LON: JMGI) is a London-listed closed‑ended investment company that provides investors with exposure to equities in emerging markets. The trust is managed by J.P. Morgan Asset Management and seeks to deliver long‑term capital growth together with an attractive level of income by investing primarily in listed companies operating in developing economies.

The company’s core activity is active equity management: selecting a diversified portfolio of stocks across a range of sectors and countries within the emerging‑market universe.