JPMorgan Global Emerg Mkts (LON:JEMI) Hits New 12-Month High – Still a Buy?

JPMorgan Global Emerg Mkts Inc (LON:JEMI – Get Free Report) shares hit a new 52-week high during trading on Thursday. The company traded as high as GBX 222 and last traded at GBX 213.72, with a volume of 738,218 shares traded. The stock had previously closed at GBX 216.

JPMorgan Global Emerg Mkts Price Performance

The firm has a market capitalization of £550.28 million, a price-to-earnings ratio of 4.90 and a beta of 1.03. The business has a fifty day moving average price of GBX 210.06 and a two-hundred day moving average price of GBX 201.84.

About JPMorgan Global Emerg Mkts

(Get Free Report)

Take a closer look at emerging markets

JPMorgan Emerging Markets Dividend Income 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.

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