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

JPMorgan Emerging Markets (LON:JMG - Get Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 104.10 ($1.40) 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 Stock Up 0.9%

The firm has a market capitalization of £1.18 billion, a price-to-earnings ratio of 14.71 and a beta of 0.62. The company has a fifty day moving average price of GBX 104.22 and a two-hundred day moving average price of GBX 107.71.

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

Insider Buying and Selling at JPMorgan Emerging Markets

In other news, insider Helena Coles bought 2,222 shares of JPMorgan Emerging Markets stock in a transaction dated Tuesday, April 15th. The stock was bought at an average price of GBX 99 ($1.33) per share, for a total transaction of £2,199.78 ($2,963.46). Also, insider Dean Buckley bought 50,000 shares of the stock in a transaction dated Monday, April 7th. The stock was purchased at an average cost of GBX 90 ($1.21) per share, for a total transaction of £45,000 ($60,622.39). 1.84% of the stock is owned by company 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.