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Fidelity Emerging Markets (LON:FEML) Reaches New 12-Month High - Should You Buy?

Fidelity Emerging Markets logo with Financial Services background

Shares of Fidelity Emerging Markets (LON:FEML - Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 842 ($11.29) and last traded at GBX 834.29 ($11.19), with a volume of 3106 shares traded. The stock had previously closed at GBX 834 ($11.19).

Fidelity Emerging Markets Price Performance

The firm's 50-day moving average price is GBX 770.34 and its 200 day moving average price is GBX 724.71. The firm has a market cap of £713.33 million, a P/E ratio of 6.85 and a beta of 0.64.

Fidelity Emerging Markets Company Profile

(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.

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