JPMorgan Global Emerg Mkts (LON:JEMI) Stock Crosses Above Fifty Day Moving Average - Time to Sell?

JPMorgan Global Emerg Mkts Inc (LON:JEMI - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 132.22 ($1.79) and traded as high as GBX 142 ($1.92). JPMorgan Global Emerg Mkts shares last traded at GBX 139.50 ($1.89), with a volume of 282,971 shares trading hands.

JPMorgan Global Emerg Mkts Stock Up 1.1%

The stock has a market capitalization of £392.33 million and a PE ratio of 15.95. The firm has a 50 day moving average price of GBX 132.31 and a 200 day moving average price of GBX 133.53.

JPMorgan Global Emerg Mkts (LON:JEMI - Get Free Report) last released its quarterly 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%.

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.