JPMorgan Emerging Markets (LON:JMG) Hits New 12-Month High - Here's Why

Key Points

• Shares of JPMorgan Emerging Markets (LON:JMG) reached a new 52-week high at GBX 128 ($1.73) with significant trading volume of approximately 2.67 million shares.
• The stock currently has a market cap of £1.27 billion and a very high price-to-earnings ratio of 1,817.40.
• JPMorgan Emerging Markets aims to maximize total returns by investing in a diversified portfolio of high-quality emerging market companies, focusing on both large and small caps.

Shares of JPMorgan Emerging Markets (LON:JMG - ) reached a new 52-week high on Tuesday . The company traded as high as GBX 128 ($1.73) and last traded at GBX 127.40 ($1.72), with a volume of 2668938 shares traded. The stock had previously closed at GBX 127 ($1.72).

JPMorgan Emerging Markets Price Performance

The stock has a market cap of £1.27 billion, a price-to-earnings ratio of 1,817.40 and a beta of 0.62. The business's fifty day simple moving average is GBX 121.23 and its 200 day simple moving average is GBX 112.70.

About JPMorgan Emerging Markets

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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