JPMorgan Global Emerg Mkts (LON:JEMI) Stock Price Crosses Above 50 Day Moving Average - What's Next?

Key Points

• JPMorgan Global Emerg Mkts shares have recently traded above their 50-day moving average at GBX 151 ($2.03), indicating positive market momentum.
• The investment trust focuses on generating a higher dividend yield than the average emerging market company while also seeking growth opportunities.
• With a market capitalization of £420.16 million and a P/E ratio of 17.09, the firm emphasizes stability through investments in well-governed companies.

JPMorgan Global Emerg Mkts Inc (LON:JEMI - Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 146.95 ($1.97) and traded as high as GBX 155.50 ($2.09). JPMorgan Global Emerg Mkts shares last traded at GBX 151 ($2.03), with a volume of 163,420 shares.

JPMorgan Global Emerg Mkts Stock Performance

The business has a 50 day moving average of GBX 147.18 and a 200-day moving average of GBX 138.47. The firm has a market capitalization of £420.16 million and a P/E ratio of 17.09.

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.