JPMorgan Emerging Markets (LON:JMG) Stock Price Crosses Above Fifty Day Moving Average of $104.20

JPMorgan Emerging Markets (LON:JMG)’s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 104.20 ($1.31) and traded as high as GBX 108 ($1.36). JPMorgan Emerging Markets shares last traded at GBX 107.60 ($1.35), with a volume of 4,230,627 shares trading hands.

JPMorgan Emerging Markets Stock Performance

The stock has a 50 day moving average of GBX 104.20 and a two-hundred day moving average of GBX 103.24. The stock has a market cap of £1.22 billion, a PE ratio of 5,380.00 and a beta of 0.66.

JPMorgan Emerging Markets Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 26th. Investors of record on Thursday, March 14th were paid a GBX 0.60 ($0.01) dividend. This represents a yield of 0.57%. The ex-dividend date was Thursday, March 14th. JPMorgan Emerging Markets’s dividend payout ratio is 10,000.00%.

JPMorgan Emerging Markets 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.