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JPMorgan Global Emerg Mkts (LON:JEMI) Sets New 52-Week High - Still a Buy?

JPMorgan Global Emerg Mkts logo with Financial Services background

JPMorgan Global Emerg Mkts Inc (LON:JEMI - Get Free Report) shares reached a new 52-week high on Tuesday . The company traded as high as GBX 143 ($1.94) and last traded at GBX 141 ($1.91), with a volume of 762310 shares. The stock had previously closed at GBX 139.50 ($1.89).

JPMorgan Global Emerg Mkts Stock Performance

The company has a market cap of £392.33 million and a P/E ratio of 15.95. The stock has a 50 day moving average price of GBX 132.31 and a 200 day moving average price of GBX 133.53.

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

About JPMorgan Global Emerg Mkts

(Get Free Report)

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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