JPMorgan Emerging Markets Investment Trust (LON:JMG) Stock Price Crosses Above 50 Day Moving Average of $100.93

JPMorgan Emerging Markets Investment Trust plc (LON:JMGGet Rating) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 100.93 ($1.19) and traded as high as GBX 105.15 ($1.24). JPMorgan Emerging Markets Investment Trust shares last traded at GBX 104 ($1.22), with a volume of 1,293,905 shares trading hands.

JPMorgan Emerging Markets Investment Trust Stock Down 1.0 %

The stock has a 50 day moving average price of GBX 100.93 and a two-hundred day moving average price of GBX 104.38. The company has a market cap of £1.21 billion and a P/E ratio of 3,466.67.

JPMorgan Emerging Markets Investment Trust Increases Dividend

The business also recently announced a dividend, which was paid on Friday, November 18th. Shareholders of record on Thursday, October 13th were issued a dividend of GBX 0.83 ($0.01) per share. The ex-dividend date was Thursday, October 13th. This is an increase from JPMorgan Emerging Markets Investment Trust’s previous dividend of $0.52. This represents a yield of 0.82%. JPMorgan Emerging Markets Investment Trust’s payout ratio is presently 45.00%.

Insider Transactions at JPMorgan Emerging Markets Investment Trust

In other news, insider Aidan Lisser bought 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 2nd. The stock was acquired at an average cost of GBX 96 ($1.13) per share, with a total value of £14,400 ($16,921.27).

About JPMorgan Emerging Markets Investment Trust

(Get Rating)

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.

Further Reading

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