JPMorgan Global Emerg Mkts (LON:JEMI) Reaches New 52-Week High – Should You Buy?

JPMorgan Global Emerg Mkts Inc (LON:JEMI) shares hit a new 52-week high on Wednesday . The stock traded as high as GBX 85 and last traded at GBX 202.02, with a volume of 573578 shares. The stock had previously closed at GBX 202.

JPMorgan Global Emerg Mkts Stock Performance

The firm has a market capitalization of £507.95 million, a P/E ratio of 4.49 and a beta of 1.09. The stock has a 50 day moving average of GBX 204.65 and a 200-day moving average of GBX 192.24.

JPMorgan Global Emerg Mkts (LON:JEMI) last issued its earnings results on Friday, June 26th. The company reported GBX 0.37 earnings per share for the quarter. JPMorgan Global Emerg Mkts had a net margin of 94.77% and a return on equity of 24.31%.

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.