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

JPMorgan Emerging Markets (LON:JMG - Get Free Report)'s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 107.41 ($1.44) and traded as high as GBX 114.60 ($1.54). JPMorgan Emerging Markets shares last traded at GBX 114.60 ($1.54), with a volume of 1,993,503 shares trading hands.

JPMorgan Emerging Markets Stock Down 0.4%

The stock has a fifty day moving average of GBX 107.41 and a two-hundred day moving average of GBX 108.15. The stock has a market cap of £1.21 billion, a price-to-earnings ratio of 15.12 and a beta of 0.62.

Insiders Place Their Bets

In other news, insider Dean Buckley bought 50,000 shares of the stock in a transaction on Monday, April 7th. The shares were bought at an average price of GBX 90 ($1.21) per share, with a total value of £45,000 ($60,386.47). Also, insider Helena Coles purchased 2,222 shares of the company's stock in a transaction dated Tuesday, April 15th. The stock was purchased at an average price of GBX 99 ($1.33) per share, with a total value of £2,199.78 ($2,951.93). 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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