JPMorgan Emerging Markets (LON:JMG) Hits New 12-Month High - Should You Buy?

JPMorgan Emerging Markets (LON:JMG - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 115 ($1.57) and last traded at GBX 114.40 ($1.56), with a volume of 2449934 shares. The stock had previously closed at GBX 114 ($1.55).

JPMorgan Emerging Markets Price Performance

The firm has a market cap of £1.19 billion, a price-to-earnings ratio of 14.94 and a beta of 0.62. The business has a fifty day simple moving average of GBX 106 and a 200 day simple moving average of GBX 108.02.

Insider Buying and Selling at JPMorgan Emerging Markets

In other news, insider Dean Buckley acquired 50,000 shares of the company's stock in a transaction dated Monday, April 7th. The stock was acquired at an average cost of GBX 90 ($1.23) per share, with a total value of £45,000 ($61,266.17). Also, insider Helena Coles bought 2,222 shares of the stock in a transaction that occurred on Tuesday, April 15th. The shares were purchased at an average price of GBX 99 ($1.35) per share, with a total value of £2,199.78 ($2,994.94). 1.84% of the stock is currently owned by 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.