JPMorgan Global Emerg Mkts (LON:JEMI) Hits New 52-Week High – Here’s Why

Posted by Stacy Sanders on Feb 6th, 2025

JPMorgan Global Emerg Mkts Inc (LON:JEMI – Get Free Report)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as GBX 86.40 ($1.08) and last traded at GBX 134.50 ($1.68), with a volume of 289330 shares. The stock had previously closed at GBX 134 ($1.68).

JPMorgan Global Emerg Mkts Trading Up 0.4 %

The company has a market capitalization of £397.99 million and a price-to-earnings ratio of -3,362.50. The firm has a 50-day simple moving average of GBX 133.63 and a two-hundred day simple moving average of GBX 133.61.

JPMorgan Global Emerg Mkts (LON:JEMI – Get Free Report) last announced its earnings results on Monday, November 4th. The company reported GBX 5.64 ($0.07) earnings per share for the quarter.

JPMorgan Global Emerg Mkts Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 24th. Shareholders of record on Thursday, December 12th were paid a GBX 1 ($0.01) dividend. This represents a dividend yield of 0.76%. The ex-dividend date of this dividend was Thursday, December 12th. JPMorgan Global Emerg Mkts’s dividend payout ratio (DPR) is presently -12,500.00%.

Insiders Place Their Bets

In other news, insider Mark Edwards acquired 10,000 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The shares were purchased at an average price of GBX 133 ($1.66) per share, for a total transaction of £13,300 ($16,627.08). 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.