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

Posted by Jon Anderson on Feb 15th, 2025

Shares of JPMorgan Global Emerg Mkts Inc (LON:JEMI – Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 134.05 ($1.69) and traded as high as GBX 136 ($1.71). JPMorgan Global Emerg Mkts shares last traded at GBX 136 ($1.71), with a volume of 832,811 shares trading hands.

JPMorgan Global Emerg Mkts Stock Down 0.4 %

The firm has a market capitalization of £377.03 million and a price-to-earnings ratio of 15.33. The firm’s 50 day moving average is GBX 134.21 and its 200 day moving average is GBX 133.59.

JPMorgan Global Emerg Mkts Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 24th. Investors of record on Thursday, December 12th were given a GBX 1 ($0.01) dividend. The ex-dividend date was Thursday, December 12th. This represents a dividend yield of 0.76%. JPMorgan Global Emerg Mkts’s dividend payout ratio (DPR) is presently 56.58%.

Insider Activity at JPMorgan Global Emerg Mkts

In related news, insider Mark Edwards bought 10,000 shares of the business’s stock in a transaction on Friday, December 13th. The stock was bought at an average price of GBX 133 ($1.67) per share, for a total transaction of £13,300 ($16,740.09). 3.65% of the stock is owned by insiders.

About JPMorgan Global Emerg Mkts

(Get Free Report)

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.