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

Posted by Tech Dows on Jan 12th, 2025

JPMorgan Global Emerg Mkts Inc (LON:JEMI – Get Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty 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 Down 1.8 %

The stock has a fifty day moving average of GBX 133.22 and a two-hundred day moving average of GBX 133.85. The stock has a market cap of £397.99 million and a price-to-earnings ratio of -3,362.50.

JPMorgan Global Emerg Mkts Cuts Dividend

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

Insider Transactions at JPMorgan Global Emerg Mkts

In other JPMorgan Global Emerg Mkts news, insider Mark Edwards bought 10,000 shares of the stock in a transaction dated Friday, December 13th. The stock was bought at an average cost of GBX 133 ($1.62) per share, for a total transaction of £13,300 ($16,239.32). Company 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.