JPMorgan Global Emerg Mkts (LON:JEMI) Shares Pass Below 50 Day Moving Average - What's Next?

JPMorgan Global Emerg Mkts Inc (LON:JEMI - Get Free Report)'s share price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 131.47 ($1.77) and traded as low as GBX 126 ($1.69). JPMorgan Global Emerg Mkts shares last traded at GBX 127.50 ($1.71), with a volume of 432,384 shares changing hands.

JPMorgan Global Emerg Mkts Stock Up 0.4 %

The firm has a fifty day moving average of GBX 130.99 and a 200-day moving average of GBX 133.18. The firm has a market cap of £365.90 million and a P/E ratio of 14.88.

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

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.