JPMorgan Global Emerg Mkts (LON:JEMI) Reaches New 52-Week High - Should You Buy?

Key Points

• JPMorgan Global Emerging Markets Income Trust achieved a new 52-week high of GBX 162.50 ($2.18) with a trading volume of over 1.36 million shares.
• The trust has a market cap of £431.22 million and a price-to-earnings ratio of 7.95, reflecting its attractive valuation in the emerging markets sector.
• It focuses on sustainable businesses with good dividend growth prospects, aiming for a dividend yield higher than the average emerging market company.

Shares of JPMorgan Global Emerg Mkts Inc (LON:JEMI - ) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 162.50 ($2.18) and last traded at GBX 162 ($2.17), with a volume of 1364402 shares changing hands. The stock had previously closed at GBX 162 ($2.17).

JPMorgan Global Emerg Mkts Stock Performance

The firm has a market cap of £431.22 million and a price-to-earnings ratio of 7.95. The business has a fifty day moving average of GBX 154.84 and a two-hundred day moving average of GBX 145.65.

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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