JPMorgan Emerging Markets (LON:JMG) Sets New 12-Month High - Still a Buy?

JPMorgan Emerging Markets (LON:JMG - Get Free Report) hit a new 52-week high on Monday . The company traded as high as GBX 115.60 ($1.55) and last traded at GBX 113.37 ($1.52), with a volume of 19563875 shares traded. The stock had previously closed at GBX 113.20 ($1.52).

JPMorgan Emerging Markets Trading Up 0.2%

The business's fifty day moving average is GBX 108.05 and its two-hundred day moving average is GBX 108.22. The company has a market capitalization of £1.20 billion, a PE ratio of 15.02 and a beta of 0.62.

Insider Transactions at JPMorgan Emerging Markets

In related news, insider Helena Coles purchased 2,222 shares of JPMorgan Emerging Markets stock in a transaction dated Tuesday, April 15th. The stock was purchased at an average cost of GBX 99 ($1.33) per share, for a total transaction of £2,199.78 ($2,953.12). Also, insider Dean Buckley acquired 50,000 shares of the firm's stock in a transaction dated Monday, April 7th. The shares were bought at an average cost of GBX 90 ($1.21) per share, with a total value of £45,000 ($60,410.79). Company insiders own 1.84% of the company's stock.

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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