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

JPMorgan Emerging Markets logo with Financial Services background

Key Points

  • JPMorgan Emerging Markets' stock price has surpassed its 50-day moving average of GBX 119.23, reaching a high of GBX 120.60 during trading.
  • The company has a market capitalization of £1.20 billion and a significantly high price-to-earnings ratio of 1,707.56.
  • Investors are considering whether it is time to sell after observing the recent performance of the stock.
  • MarketBeat previews top five stocks to own in October.

JPMorgan Emerging Markets (LON:JMG - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 119.23 ($1.61) and traded as high as GBX 120.60 ($1.63). JPMorgan Emerging Markets shares last traded at GBX 119.80 ($1.62), with a volume of 1,429,672 shares.

JPMorgan Emerging Markets Stock Performance

The stock's fifty day moving average price is GBX 119.38 and its 200-day moving average price is GBX 111.49. The company has a market capitalization of £1.20 billion, a P/E ratio of 1,720.40 and a beta of 0.62.

About JPMorgan Emerging Markets

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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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