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Fidelity Emerging Markets (LON:FEML) Hits New 12-Month High - Time to Buy?

Fidelity Emerging Markets logo with Financial Services background

Fidelity Emerging Markets (LON:FEML - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 758 ($10.29) and last traded at GBX 752.02 ($10.21), with a volume of 46976 shares. The stock had previously closed at GBX 745 ($10.12).

Fidelity Emerging Markets Price Performance

The firm has a market cap of £648.96 million, a PE ratio of 6.23 and a beta of 0.64. The stock's fifty day moving average price is GBX 700.80 and its 200-day moving average price is GBX 701.09.

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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