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Fidelity Emerging Markets (LON:FEML) Sets New 52-Week High - Should You Buy?

Fidelity Emerging Markets logo with Financial Services background

Key Points

  • Fidelity Emerging Markets (LON:FEML) reached a new 52-week high of GBX 851 ($11.49) on Wednesday, reflecting a recent price increase.
  • The stock is currently trading at GBX 850 ($11.48) with a market capitalization of £727.62 million and a PE ratio of 6.98.
  • Fidelity Emerging Markets focuses on building a portfolio of high-quality companies from emerging markets, promoting the potential for sustainable long-term returns.
  • Need better tools to track Fidelity Emerging Markets? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Fidelity Emerging Markets (LON:FEML - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 851 ($11.53) and last traded at GBX 850 ($11.52), with a volume of 9534 shares. The stock had previously closed at GBX 839 ($11.37).

Fidelity Emerging Markets Price Performance

The firm's fifty day simple moving average is GBX 806.88 and its 200 day simple moving average is GBX 742.41. The company has a market capitalization of £729.33 million, a price-to-earnings ratio of 7.00 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.

Further Reading

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