JPMorgan Emerging Markets (LON:JMG) Sets New 52-Week High - Still a Buy?

Key Points

• JPMorgan Emerging Markets (LON:JMG) reached a new 52-week high during trading, peaking at GBX 120.40 ($1.61) before closing at GBX 119.60 ($1.60).
• The company holds a market capitalization of £1.27 billion and has a P/E ratio of 15.90 with a beta of 0.62.
• JPMorgan aims to maximize total returns through a diversified portfolio of high-quality emerging market companies, focusing on sustainable long-term growth.

JPMorgan Emerging Markets (LON:JMG - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 120.40 ($1.59) and last traded at GBX 119.60 ($1.58), with a volume of 1106406 shares traded. The stock had previously closed at GBX 119.40 ($1.58).

JPMorgan Emerging Markets Price Performance

The stock has a market cap of £1.27 billion, a price-to-earnings ratio of 15.90 and a beta of 0.62. The business's fifty day simple moving average is GBX 115.30 and its 200 day simple moving average is GBX 109.88.

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.