JPMorgan Emerging Markets (LON:JMG) Shares Pass Below 50-Day Moving Average - Here's What Happened

JPMorgan Emerging Markets (LON:JMG - Get Free Report) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 105.08 ($1.41) and traded as low as GBX 97.78 ($1.31). JPMorgan Emerging Markets shares last traded at GBX 99.40 ($1.34), with a volume of 956,082 shares traded.

JPMorgan Emerging Markets Price Performance

The firm's 50-day moving average is GBX 104.31 and its two-hundred day moving average is GBX 107.78. The company has a market cap of £1.10 billion, a P/E ratio of 13.70 and a beta of 0.62.

JPMorgan Emerging Markets (LON:JMG - Get Free Report) last announced its quarterly 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 Activity

In other news, insider Helena Coles acquired 2,222 shares of the firm's stock in a transaction on Tuesday, April 15th. The stock was acquired at an average price of GBX 99 ($1.33) per share, with a total value of £2,199.78 ($2,955.50). Also, insider Dean Buckley acquired 50,000 shares of the firm's stock in a transaction on Monday, April 7th. The stock was purchased at an average cost of GBX 90 ($1.21) per share, with a total value of £45,000 ($60,459.49). Insiders own 1.84% of the company's stock.

JPMorgan Emerging Markets Company Profile

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.