JPMorgan Global Emerg Mkts (LON:JEMI) Stock Crosses Above 50 Day Moving Average - Should You Sell?

Shares of 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 ($1.78) and traded as high as GBX 142 ($1.91). JPMorgan Global Emerg Mkts shares last traded at GBX 139.50 ($1.88), with a volume of 282,971 shares trading hands.

JPMorgan Global Emerg Mkts Price Performance

The firm has a fifty day moving average of GBX 132.57 and a two-hundred day moving average of GBX 133.63. The stock has a market capitalization of £395.12 million and a P/E ratio of 16.07.

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.