JPMorgan Emerging Markets (LON:JMG) Hits New 1-Year High - Still a Buy?

JPMorgan Emerging Markets (LON:JMG - Get Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 117.60 ($1.59) and last traded at GBX 117.33 ($1.58), with a volume of 142566 shares traded. The stock had previously closed at GBX 117 ($1.58).

JPMorgan Emerging Markets Price Performance

The firm has a market cap of £1.24 billion, a PE ratio of 15.53 and a beta of 0.62. The company has a 50 day simple moving average of GBX 112.39 and a 200-day simple moving average of GBX 108.86.

Insiders Place Their Bets

In related news, insider Helena Coles acquired 2,222 shares of the stock in a transaction on Tuesday, April 15th. The stock was purchased at an average price of GBX 99 ($1.34) per share, for a total transaction of £2,199.78 ($2,966.66). Insiders own 1.84% of the company's stock.

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.