JPMorgan Global Emerg Mkts (LON:JEMI) Share Price Crosses Below Fifty Day Moving Average – What’s Next?

Posted by Editorial Team on Jan 12th, 2025

JPMorgan Global Emerg Mkts Inc (LON:JEMI – Get Free Report) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 133.17 ($1.63) and traded as low as GBX 132.50 ($1.62). JPMorgan Global Emerg Mkts shares last traded at GBX 134.50 ($1.64), with a volume of 525,035 shares.

JPMorgan Global Emerg Mkts Stock Performance

The stock has a market capitalization of £397.99 million and a PE ratio of -3,362.50. The business’s 50-day moving average is GBX 133.22 and its two-hundred day moving average is GBX 133.85.

JPMorgan Global Emerg Mkts Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, January 24th. Stockholders of record on Thursday, December 12th will be paid a dividend of GBX 1 ($0.01) per share. This represents a dividend yield of 0.76%. The ex-dividend date is Thursday, December 12th. JPMorgan Global Emerg Mkts’s dividend payout ratio (DPR) is -12,500.00%.

Insiders Place Their Bets

In other JPMorgan Global Emerg Mkts news, insider Mark Edwards acquired 10,000 shares of the stock in a transaction that occurred on Friday, December 13th. The shares were purchased at an average cost of GBX 133 ($1.62) per share, with a total value of £13,300 ($16,239.32). Insiders own 3.65% of the company’s stock.

JPMorgan Global Emerg Mkts Company Profile

(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.