JPMorgan Emerging Markets (LON:JMG) Stock Crosses Below 50 Day Moving Average - Time to Sell?

JPMorgan Emerging Markets (LON:JMG - Get Free Report) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 103.95 ($1.38) and traded as low as GBX 103.75 ($1.38). JPMorgan Emerging Markets shares last traded at GBX 104 ($1.38), with a volume of 2,276,527 shares trading hands.

JPMorgan Emerging Markets Price Performance

The firm has a market cap of £1.13 billion, a price-to-earnings ratio of 14.14 and a beta of 0.62. The firm's 50 day moving average price is GBX 103.83 and its 200-day moving average price is GBX 107.66.

JPMorgan Emerging Markets (LON:JMG - Get Free Report) last announced its quarterly earnings data on Tuesday, February 25th. The company reported GBX 0.75 ($0.01) EPS for the quarter. JPMorgan Emerging Markets had a net margin of 82.19% and a return on equity of 6.30%.

Insiders Place Their Bets

In other news, insider Helena Coles bought 2,222 shares of JPMorgan Emerging Markets stock in a transaction that occurred on Tuesday, April 15th. The stock was purchased at an average cost of GBX 99 ($1.32) per share, with a total value of £2,199.78 ($2,922.52). Also, insider Dean Buckley bought 50,000 shares of the stock in a transaction that occurred on Monday, April 7th. The stock was acquired at an average cost of GBX 90 ($1.20) per share, for a total transaction of £45,000 ($59,784.77). Corporate 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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