JPMorgan Global Emerg Mkts (LON:JEMI) Reaches New 52-Week High at $138.00

JPMorgan Global Emerg Mkts Inc (LON:JEMI) shares hit a new 52-week high on Tuesday . The company traded as high as GBX 138 ($1.73) and last traded at GBX 132 ($1.66), with a volume of 370971 shares traded. The stock had previously closed at GBX 134 ($1.68).

JPMorgan Global Emerg Mkts Price Performance

The stock has a market capitalization of £390.59 million and a P/E ratio of -3,332.38. The company’s 50-day simple moving average is GBX 131.27 and its 200-day simple moving average is GBX 126.41.

JPMorgan Global Emerg Mkts Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, April 19th. Stockholders of record on Thursday, March 7th were issued a GBX 1 ($0.01) dividend. The ex-dividend date was Thursday, March 7th. This represents a dividend yield of 0.77%. JPMorgan Global Emerg Mkts’s payout ratio is -12,500.00%.

Insider Buying and Selling

In other JPMorgan Global Emerg Mkts news, insider Elisabeth Scott purchased 13,000 shares of the stock in a transaction on Wednesday, February 14th. The shares were purchased at an average price of GBX 129 ($1.62) per share, with a total value of £16,770 ($21,065.19). 3.65% of the stock is currently owned by corporate insiders.

About JPMorgan Global Emerg Mkts

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.