Jpmorgan Emerging Markets Growth & Income (LON:JMGI) Posts Earnings Results

Jpmorgan Emerging Markets Growth & Income (LON:JMGI) announced its earnings results on Friday. The company reported GBX 2.97 earnings per share for the quarter, Digital Look Earnings reports.

Jpmorgan Emerging Markets Growth & Income Price Performance

LON JMGI traded up GBX 2.20 on Friday, hitting GBX 171.40. The company had a trading volume of 471,685 shares, compared to its average volume of 2,281,281. The company’s fifty day moving average price is GBX 165.22 and its 200-day moving average price is GBX 161.84. The company has a market capitalization of £1.61 billion and a PE ratio of 6.35. Jpmorgan Emerging Markets Growth & Income has a 12-month low of GBX 130.60 and a 12-month high of GBX 181.20.

Insider Activity

In related news, insider Alison Jefferis bought 5,921 shares of the company’s stock in a transaction dated Thursday, July 2nd. The shares were acquired at an average price of GBX 169 per share, for a total transaction of £10,006.49. 0.05% of the stock is currently owned by company insiders.

Jpmorgan Emerging Markets Growth & Income Company Profile

Jpmorgan Emerging Markets Growth & Income (LON: JMGI) is a London-listed closed‑ended investment company that provides investors with exposure to equities in emerging markets. The trust is managed by J.P. Morgan Asset Management and seeks to deliver long‑term capital growth together with an attractive level of income by investing primarily in listed companies operating in developing economies.

The company’s core activity is active equity management: selecting a diversified portfolio of stocks across a range of sectors and countries within the emerging‑market universe.