JPMorgan Emerging Markets (LON:JMG) Hits New 52-Week High - Here's Why

JPMorgan Emerging Markets (LON:JMG - Get Free Report) reached a new 52-week high on Thursday . The company traded as high as GBX 117.60 ($1.60) and last traded at GBX 117.33 ($1.59), with a volume of 142566 shares traded. The stock had previously closed at GBX 117 ($1.59).

JPMorgan Emerging Markets Price Performance

The stock has a 50 day simple moving average of GBX 112.18 and a two-hundred day simple moving average of GBX 108.81. The company has a market cap of £1.24 billion, a price-to-earnings ratio of 15.53 and a beta of 0.62.

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 shares were bought at an average price of GBX 99 ($1.34) per share, with a total value of £2,199.78 ($2,988.43). Company 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.