Fidelity Emerging Markets (LON:FEML) Reaches New 1-Year High – Time to Buy?

Fidelity Emerging Markets (LON:FEMLGet Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 740.74 ($9.32) and last traded at GBX 740.74 ($9.32), with a volume of 34047 shares. The stock had previously closed at GBX 735 ($9.25).

Fidelity Emerging Markets Stock Down 0.3 %

The business’s fifty day moving average is GBX 702.07 and its 200-day moving average is GBX 691.01. The stock has a market capitalization of £628.85 million, a PE ratio of 6.04 and a beta of 0.64.

About Fidelity Emerging Markets

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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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