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

Key Points

• JPMorgan Global Emerg Mkts (LON:JEMI) reached a new 52-week high of GBX 154 ($2.08) and is currently trading at GBX 150.50 ($2.03) with a market capitalization of £405.81 million.
• The trust aims to provide a higher dividend yield than the average emerging market company, while also focusing on sustainable businesses with strong dividend growth potential.
• JPMorgan Global Emerg Mkts utilizes a well-established team of emerging market specialists to invest in stable companies, offering a lower risk way to access the growth in emerging markets.

Shares of JPMorgan Global Emerg Mkts Inc (LON:JEMI - ) reached a new 52-week high on Monday . The company traded as high as GBX 154 ($2.08) and last traded at GBX 150.50 ($2.03), with a volume of 326119 shares trading hands. The stock had previously closed at GBX 149.50 ($2.02).

JPMorgan Global Emerg Mkts Stock Up 0.7%

The stock has a 50 day simple moving average of GBX 149.09 and a two-hundred day simple moving average of GBX 140.01. The stock has a market capitalization of £405.81 million and a P/E ratio of 738.47.

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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