JPMorgan Emerging Markets (LON:JMG) Hits New 1-Year High - Here's Why

Key Points

• JPMorgan Emerging Markets' stock reached a new 52-week high of GBX 131 ($1.77) during trading, reflecting a slight increase of 0.5% from its previous close.
• The company reported earnings of GBX 2.30 per share for the last quarter, with an impressive net margin of 82.19% and a return on equity of 6.30%.
• JPMorgan Emerging Markets has a market capitalization of £1.29 billion and aims to build a diversified portfolio of high-quality emerging market companies for sustainable growth.

JPMorgan Emerging Markets (LON:JMG - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 131 ($1.77) and last traded at GBX 130.61 ($1.76), with a volume of 1071359 shares changing hands. The stock had previously closed at GBX 130.40 ($1.76).

JPMorgan Emerging Markets Stock Up 0.5%

The stock has a market cap of £1.29 billion, a PE ratio of 2,833.69 and a beta of 0.62. The business has a 50 day moving average price of GBX 123.11 and a 200 day moving average price of GBX 114.22.

JPMorgan Emerging Markets (LON:JMG - Get Free Report) last posted its earnings results on Monday, September 29th. The company reported GBX 2.30 earnings per share for the quarter. JPMorgan Emerging Markets had a net margin of 82.19% and a return on equity of 6.30%.

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.

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