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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) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 788 ($10.76) and last traded at GBX 787.06 ($10.74), with a volume of 60143 shares. The stock had previously closed at GBX 783 ($10.69).

Fidelity Emerging Markets Price Performance

The firm has a market capitalization of £685.73 million, a PE ratio of 6.58 and a beta of 0.64. The business's 50-day moving average price is GBX 747.18 and its 200-day moving average price is GBX 715.03.

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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