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Fidelity Emerging Markets (LON:FEML) Stock Price Down 0.9% - Here's Why

Fidelity Emerging Markets logo with Financial Services background
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Fidelity Emerging Markets (LON:FEML - Get Free Report) shares were down 0.9% during trading on Tuesday . The company traded as low as GBX 693.42 ($8.98) and last traded at GBX 698 ($9.04). Approximately 540,231 shares traded hands during trading, an increase of 479% from the average daily volume of 93,270 shares. The stock had previously closed at GBX 704 ($9.11).

Fidelity Emerging Markets Stock Performance

The stock has a fifty day simple moving average of GBX 707.99 and a two-hundred day simple moving average of GBX 692.49. The stock has a market capitalization of £596.80 million, a price-to-earnings ratio of 5.73 and a beta of 0.64.

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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