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Fidelity Emerging Markets (LON:FEML) Hits New 52-Week High - Time to 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 mid-day trading on Monday . The company traded as high as GBX 819 ($11.00) and last traded at GBX 817 ($10.97), with a volume of 55775 shares. The stock had previously closed at GBX 813 ($10.92).

Fidelity Emerging Markets Stock Up 1.1%

The company's fifty day moving average is GBX 767.92 and its two-hundred day moving average is GBX 723.38. The firm has a market capitalization of £712.23 million, a price-to-earnings ratio of 6.84 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.

Further Reading

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