JPMorgan Emerging Markets (LON:JMG) Share Price Passes Below Fifty Day Moving Average – Here’s Why

JPMorgan Emerging Markets (LON:JMG) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 103.95 ($1.38) and traded as low as GBX 103.75 ($1.38). JPMorgan Emerging Markets shares last traded at GBX 104 ($1.38), with a volume of 2,276,527 shares traded.

JPMorgan Emerging Markets Trading Up 1.9 %

The stock has a market cap of £1.13 billion, a P/E ratio of 14.14 and a beta of 0.62. The business’s fifty day simple moving average is GBX 103.83 and its 200 day simple moving average is GBX 107.66.

JPMorgan Emerging Markets (LON:JMG) last posted its quarterly earnings data on Tuesday, February 25th. The company reported GBX 0.75 ($0.01) earnings per share for the quarter. JPMorgan Emerging Markets had a net margin of 82.19% and a return on equity of 6.30%.

Insider Buying and Selling

In other JPMorgan Emerging Markets news, insider Helena Coles purchased 2,222 shares of the stock in a transaction dated Tuesday, April 15th. The stock was bought at an average price of GBX 99 ($1.32) per share, for a total transaction of £2,199.78 ($2,922.52). Also, insider Dean Buckley purchased 50,000 shares of the company’s stock in a transaction that occurred on Monday, April 7th. The shares were acquired at an average cost of GBX 90 ($1.20) per share, with a total value of £45,000 ($59,784.77). Corporate insiders own 1.84% of the company’s stock.

JPMorgan Emerging Markets Company Profile

Gain access to the attractive long-term growth potential of emerging markets
– Focus on quality, sustainable growth across the market cap spectrum

We aim to maximise total returns by building a diversified portfolio of high quality emerging market companies, both large and small caps, with the potential to deliver sustainable long term growth.