JPMorgan Global Emerg Mkts (LON:JEMI) Sets New 52-Week High - What's Next?

Key Points

• JPMorgan Global Emerging Markets Income Trust (LON:JEMI) reached a new 52-week high during trading, with shares hitting GBX 152 ($2.05) and a volume of 961,366 shares.
• The stock boasts a market capitalization of £422.94 million and a PE ratio of 17.20, indicating consistent investor interest.
• The trust aims for a dividend yield higher than the average emerging market company while focusing on sustainable growth businesses with good governance structures.

JPMorgan Global Emerg Mkts Inc (LON:JEMI - ) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 152 ($2.05) and last traded at GBX 152 ($2.05), with a volume of 961366 shares traded. The stock had previously closed at GBX 150.50 ($2.03).

JPMorgan Global Emerg Mkts Stock Up 1.0%

The stock's 50 day moving average price is GBX 147.40 and its 200-day moving average price is GBX 138.58. The stock has a market capitalization of £422.94 million and a PE ratio of 17.20.

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.

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