JPMorgan Emerging Markets (LON:JMG) Shares Cross Above Fifty Day Moving Average - Should You Sell?

JPMorgan Emerging Markets (LON:JMG - Get Free Report)'s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 104.10 ($1.41) and traded as high as GBX 109.80 ($1.48). JPMorgan Emerging Markets shares last traded at GBX 109 ($1.47), with a volume of 1,462,154 shares traded.

JPMorgan Emerging Markets Price Performance

The firm has a market cap of £1.16 billion, a price-to-earnings ratio of 14.47 and a beta of 0.62. The stock's fifty day moving average price is GBX 104.12 and its 200-day moving average price is GBX 107.69.

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) earnings per share (EPS) for the quarter. JPMorgan Emerging Markets had a return on equity of 6.30% and a net margin of 82.19%.

Insider Buying and Selling

In other news, insider Dean Buckley bought 50,000 shares of the business's stock in a transaction dated Monday, April 7th. The stock was bought at an average price of GBX 90 ($1.22) per share, for a total transaction of £45,000 ($60,810.81). Also, insider Helena Coles purchased 2,222 shares of the firm's stock in a transaction dated Tuesday, April 15th. The shares were bought at an average cost of GBX 99 ($1.34) per share, for a total transaction of £2,199.78 ($2,972.68). 1.84% of the stock is owned by insiders.

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.