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Fidelity Emerging Markets (LON:FEML) Sets New 1-Year High - Here's What Happened

Fidelity Emerging Markets logo with Financial Services background

Key Points

  • The stock of Fidelity Emerging Markets (LON:FEML) reached a new 52-week high, trading at GBX 944 ($12.66) on Monday.
  • FEML's market capitalization stands at £603.31 million, with a P/E ratio of 983.33 and a beta of 0.64.
  • The firm employs a global approach to build a portfolio of high-quality emerging market companies expected to deliver sustainable investment returns.
  • Five stocks to consider instead of Fidelity Emerging Markets.

Fidelity Emerging Markets (LON:FEML - Get Free Report)'s stock price hit a new 52-week high on Monday . The stock traded as high as GBX 944 ($12.66) and last traded at GBX 944 ($12.66), with a volume of 1733 shares changing hands. The stock had previously closed at GBX 929 ($12.45).

Fidelity Emerging Markets Stock Performance

The firm has a 50 day moving average of GBX 864.98 and a two-hundred day moving average of GBX 779.61. The stock has a market cap of £603.31 million, a P/E ratio of 983.33 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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