JPMorgan Emerging Markets (LON:JMG) Reaches New 12-Month High - What's Next?

Key Points

• JPMorgan Emerging Markets shares reached a new 52-week high of GBX 128.80 ($1.73), with significant trading volume of 931,042 shares.
• The company reported an EPS of GBX 2.30 for the last quarter, with a return on equity of 6.30% and a remarkably high net margin of 82.19%.
• JPMorgan focuses on building a diversified portfolio of high-quality emerging market companies, aiming for sustainable long-term growth across different market caps.

JPMorgan Emerging Markets (LON:JMG - Get Free Report) shares hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 128.80 ($1.73) and last traded at GBX 128.50 ($1.73), with a volume of 931042 shares traded. The stock had previously closed at GBX 128.40 ($1.73).

JPMorgan Emerging Markets Price Performance

The business has a 50-day simple moving average of GBX 122.30 and a 200 day simple moving average of GBX 113.56. The firm has a market cap of £1.28 billion, a PE ratio of 1,834.52 and a beta of 0.62.

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

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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