JPMorgan Global Emerg Mkts (LON:JEMI) Reaches New 12-Month High - Should You Buy?

JPMorgan Global Emerg Mkts Inc (LON:JEMI - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 151 ($2.04) and last traded at GBX 150.50 ($2.03), with a volume of 230806 shares changing hands. The stock had previously closed at GBX 150 ($2.03).

JPMorgan Global Emerg Mkts Trading Down 0.7%

The business has a 50-day moving average price of GBX 144.78 and a two-hundred day moving average price of GBX 137.19. The firm has a market capitalization of £418.77 million and a price-to-earnings ratio of 17.03.

JPMorgan Global Emerg Mkts Company Profile

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.