JPMorgan Global Emerg Mkts (LON:JEMI) Hits New 52-Week High - Here's What Happened

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 - Get Free Report) shares hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 152 ($2.06) and last traded at GBX 152 ($2.06), with a volume of 961366 shares changing hands. The stock had previously closed at GBX 150.50 ($2.04).

JPMorgan Global Emerg Mkts Stock Up 0.1%

The company has a market capitalization of £419.24 million and a PE ratio of 17.05. The stock has a 50-day moving average of GBX 147.93 and a 200 day moving average of GBX 138.94.

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.