JPMorgan Global Emerg Mkts (LON:JEMI) Issues Quarterly Earnings Results

JPMorgan Global Emerg Mkts (LON:JEMI) posted its quarterly earnings data on Thursday. The company reported GBX 2.20 earnings per share for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 745 million for the quarter. JPMorgan Global Emerg Mkts had a net margin of 88.71% and a return on equity of 12.08%.

JPMorgan Global Emerg Mkts Stock Down 0.8%

Shares of JPMorgan Global Emerg Mkts stock traded down GBX 1.50 during midday trading on Thursday, hitting GBX 178. The company’s stock had a trading volume of 1,760,757 shares, compared to its average volume of 731,607. JPMorgan Global Emerg Mkts has a 1-year low of GBX 114.30 and a 1-year high of GBX 208. The firm has a market capitalization of £467.91 million, a P/E ratio of 9.31 and a beta of 0.89. The stock has a 50-day simple moving average of GBX 187.40 and a 200-day simple moving average of GBX 173.20.

About JPMorgan Global Emerg Mkts

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.