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

Fidelity Emerging Markets logo with Financial Services background

Fidelity Emerging Markets (LON:FEML - Get Free Report) reached a new 52-week high on Monday . The stock traded as high as GBX 806 ($11.01) and last traded at GBX 804.28 ($10.98), with a volume of 139 shares trading hands. The stock had previously closed at GBX 799 ($10.91).

Fidelity Emerging Markets Stock Up 0.7%

The company has a market capitalization of £687.67 million, a P/E ratio of 6.60 and a beta of 0.64. The company has a 50-day moving average of GBX 749.30 and a two-hundred day moving average of GBX 716.25.

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.

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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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