Fidelity Emerging Markets (LON:FEML – Get Free Report) shares shot up 0.1% during mid-day trading on Wednesday . The stock traded as high as GBX 717 ($9.31) and last traded at GBX 714 ($9.27). 48,601 shares changed hands during mid-day trading, a decline of 37% from the average session volume of 77,564 shares. The stock had previously closed at GBX 713 ($9.26).
Fidelity Emerging Markets Stock Performance
The business has a fifty day moving average price of GBX 714.37 and a 200 day moving average price of GBX 696.50. The company has a market cap of £610.48 million, a price-to-earnings ratio of 5.86 and a beta of 0.64.
About Fidelity Emerging Markets
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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