JPMorgan Global Emerg Mkts (LON:JEMI) Stock Passes Above 50-Day Moving Average – What’s Next?

JPMorgan Global Emerg Mkts Inc (LON:JEMI)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 133.71 ($1.72) and traded as high as GBX 134.52 ($1.73). JPMorgan Global Emerg Mkts shares last traded at GBX 133 ($1.71), with a volume of 305,129 shares.

JPMorgan Global Emerg Mkts Price Performance

The firm has a market capitalization of £394.38 million and a P/E ratio of -3,325.00. The stock’s 50 day moving average is GBX 133.71 and its two-hundred day moving average is GBX 134.36.

JPMorgan Global Emerg Mkts Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 18th. Investors of record on Thursday, September 12th were paid a dividend of GBX 2.40 ($0.03) per share. The ex-dividend date of this dividend was Thursday, September 12th. This is a boost from JPMorgan Global Emerg Mkts’s previous dividend of $1.00. This represents a dividend yield of 1.83%. JPMorgan Global Emerg Mkts’s payout ratio is -12,500.00%.

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.