JPMorgan Global Emerg Mkts (LON:JEMI) Shares Cross Above Fifty Day Moving Average - Here's Why

JPMorgan Global Emerg Mkts Inc (LON:JEMI - Get Free Report) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 135.08 ($1.83) and traded as high as GBX 148 ($2.01). JPMorgan Global Emerg Mkts shares last traded at GBX 144.50 ($1.96), with a volume of 150,256 shares traded.

JPMorgan Global Emerg Mkts Stock Performance

The stock has a market capitalization of £402.07 million and a P/E ratio of 16.35. The stock's fifty day simple moving average is GBX 135.98 and its two-hundred day simple moving average is GBX 134.40.

JPMorgan Global Emerg Mkts (LON:JEMI - Get Free Report) last posted its earnings results on Friday, April 4th. The company reported GBX 1.48 ($0.02) earnings per share 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

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.