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Fidelity Emerging Markets (LON:FEML) Hits New 1-Year High - Here's Why

Fidelity Emerging Markets logo with Financial Services background

Fidelity Emerging Markets (LON:FEML - Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as GBX 740.74 ($9.36) and last traded at GBX 740.74 ($9.36), with a volume of 34047 shares changing hands. The stock had previously closed at GBX 735 ($9.29).

Fidelity Emerging Markets Price Performance

The stock has a market cap of £634.91 million, a price-to-earnings ratio of 6.09 and a beta of 0.64. The firm's fifty day moving average price is GBX 703.97 and its two-hundred day moving average price is GBX 691.72.

About Fidelity Emerging Markets

(Get Free Report)

Fidelity Emerging Markets Limited (FEML) draws on Fidelity's resources across the globe to build a carefully curated portfolio of companies with a strong growth runway. High-quality emerging market companies should deliver strong and sustainable investment returns over the long term but keeping an eye on potential risks is vital.

Further Reading

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