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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

Fidelity Emerging Markets (LON:FEML - Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as GBX 744 ($10.01) and last traded at GBX 742 ($9.98), with a volume of 20226 shares trading hands. The stock had previously closed at GBX 739 ($9.94).

Fidelity Emerging Markets Trading Down 2.3%

The business has a 50 day simple moving average of GBX 699.22 and a two-hundred day simple moving average of GBX 699.78. The stock has a market cap of £629.29 million, a price-to-earnings ratio of 6.04 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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