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

Shares of JPMorgan Global Emerg Mkts Inc (LON:JEMI - Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 147.28 ($2.00) and last traded at GBX 146.50 ($1.99), with a volume of 2214980 shares. The stock had previously closed at GBX 145.50 ($1.98).

JPMorgan Global Emerg Mkts Stock Performance

The company's 50 day moving average is GBX 135.53 and its 200 day moving average is GBX 134.32. The company has a market cap of £402.07 million and a PE ratio of 16.35.

JPMorgan Global Emerg Mkts (LON:JEMI - Get Free Report) last issued its earnings results on Friday, April 4th. The company reported GBX 1.48 ($0.02) earnings per share (EPS) for the quarter. JPMorgan Global Emerg Mkts had a net margin of 72.95% and a return on equity of 5.95%.

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.