JPMorgan Global Emerg Mkts (LON:JEMI) Share Price Crosses Above 50-Day Moving Average of $135.02

JPMorgan Global Emerg Mkts Inc (LON:JEMI) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 135.02 ($1.74) and traded as high as GBX 136 ($1.75). JPMorgan Global Emerg Mkts shares last traded at GBX 134 ($1.72), with a volume of 950,783 shares.

JPMorgan Global Emerg Mkts Trading Down 2.2 %

The business has a fifty day simple moving average of GBX 134.86 and a 200 day simple moving average of GBX 132.25. The stock has a market capitalization of £387.63 million and a P/E ratio of -3,275.00.

JPMorgan Global Emerg Mkts Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, July 26th. Shareholders of record on Thursday, June 27th were issued a dividend of GBX 1 ($0.01) per share. This represents a yield of 0.73%. The ex-dividend date was Thursday, June 27th. JPMorgan Global Emerg Mkts’s dividend payout ratio is currently -12,500.00%.

Insiders Place Their Bets

In related news, insider Ranjan Ramparia acquired 10,000 shares of the firm’s stock in a transaction on Tuesday, June 11th. The stock was purchased at an average cost of GBX 133 ($1.71) per share, with a total value of £13,300 ($17,108.31). Corporate insiders own 3.65% of the company’s stock.

JPMorgan Global Emerg Mkts Company Profile

JPMorgan Global Emerging Markets Income Trust plc is a closed-ended equity mutual fund launched and managed by JPMorgan Funds Limited. It is co-managed by JPMorgan Asset Management (UK) Limited. The fund invests in the public equity markets of emerging market countries across the globe. It seeks to invest in stocks of companies operating across diversified sectors.