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

Shares of JPMorgan Emerging Markets (LON:JMG - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 105.28 ($1.43) and traded as high as GBX 114.60 ($1.56). JPMorgan Emerging Markets shares last traded at GBX 114.20 ($1.55), with a volume of 2,747,165 shares trading hands.

JPMorgan Emerging Markets Stock Down 0.7%

The company has a 50 day moving average of GBX 106.31 and a two-hundred day moving average of GBX 108.03. The firm has a market cap of £1.19 billion, a P/E ratio of 14.94 and a beta of 0.62.

Insider Activity at JPMorgan Emerging Markets

In related news, insider Helena Coles acquired 2,222 shares of the business's stock in a transaction on Tuesday, April 15th. The shares were purchased at an average price of GBX 99 ($1.34) per share, for a total transaction of £2,199.78 ($2,986.80). Also, insider Dean Buckley acquired 50,000 shares of JPMorgan Emerging Markets stock in a transaction on Monday, April 7th. The shares were purchased at an average cost of GBX 90 ($1.22) per share, with a total value of £45,000 ($61,099.80). 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.