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

Fidelity Emerging Markets logo with Financial Services background

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Fidelity Emerging Markets (LON:FEML - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 855 ($11.56) and last traded at GBX 855 ($11.56), with a volume of 59 shares. The stock had previously closed at GBX 852 ($11.52).

Fidelity Emerging Markets Trading Up 1.4%

The company's 50-day simple moving average is GBX 816.38 and its 200 day simple moving average is GBX 748.90. The stock has a market cap of £733.61 million, a P/E ratio of 7.04 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.

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