JPMorgan Emerging Markets Investment Trust (LON:JMG) Stock Price Crosses Below Fifty Day Moving Average of $103.90

JPMorgan Emerging Markets Investment Trust plc (LON:JMG) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 103.90 ($1.28) and traded as low as GBX 101 ($1.25). JPMorgan Emerging Markets Investment Trust shares last traded at GBX 103.80 ($1.28), with a volume of 1,478,360 shares traded.

JPMorgan Emerging Markets Investment Trust Stock Up 0.8 %

The company’s fifty day moving average price is GBX 103.90 and its 200 day moving average price is GBX 102.80. The company has a market capitalization of £1.18 billion, a P/E ratio of 5,200.00 and a beta of 0.66.

JPMorgan Emerging Markets Investment Trust Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, April 26th. Stockholders of record on Thursday, March 14th will be issued a dividend of GBX 0.60 ($0.01) per share. The ex-dividend date is Thursday, March 14th. This represents a dividend yield of 0.57%. JPMorgan Emerging Markets Investment Trust’s dividend payout ratio is presently 10,000.00%.

JPMorgan Emerging Markets Investment Trust Company Profile

JPMorgan Emerging Markets Investment Trust plc is a closed ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in public equity markets across global emerging markets. The fund seeks to invest in stocks of companies operating across diversified sectors.