JPMorgan Global Emerg Mkts (LON:JEMI) Hits New 1-Year High - Here's Why

Key Points

• JPMorgan Global Emerg Mkts (LON:JEMI) reached a new 52-week high of GBX 162 ($2.16) with a trading volume of 337,597 shares on Monday.
• The investment trust has a market capitalization of £425.90 million and targets a higher dividend yield than the average emerging market company.
• It aims to invest in sustainable businesses with strong dividend growth prospects and good governance to provide a lower risk exposure to emerging markets.

JPMorgan Global Emerg Mkts Inc (LON:JEMI - )'s stock price hit a new 52-week high on Monday . The company traded as high as GBX 162 ($2.16) and last traded at GBX 160 ($2.13), with a volume of 337597 shares. The stock had previously closed at GBX 158.50 ($2.11).

JPMorgan Global Emerg Mkts Stock Performance

The firm has a market capitalization of £425.90 million and a price-to-earnings ratio of 785.08. The firm's 50-day moving average price is GBX 153.71 and its two-hundred day moving average price is GBX 144.29.

About JPMorgan Global Emerg Mkts

JPMorgan Global Emerging Markets Income Investment Trust plc provides a diversified income-oriented way to tap into the growth potential of global emerging markets. Key points: Expertise - Extensive network of country and sector specialists from one of the longest established emerging market teams in the industry. Portfolio - Focused on finding sustainable businesses that have good dividend growth prospects. Results - Provides a lower risk way to access emerging markets, by investing in stable companies with regular income and good governance structures. Why invest in this trust The trust primarily seeks a dividend yield which is higher than the average emerging market company but also growth companies in this exciting equity sector.

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