Fidelity Emerging Markets (LON:FEML – Get Free Report) shares dropped 1.1% during trading on Thursday . The company traded as low as GBX 714 ($9.58) and last traded at GBX 728 ($9.77). Approximately 41,304 shares were traded during trading, a decline of 56% from the average daily volume of 93,880 shares. The stock had previously closed at GBX 736 ($9.88).
Fidelity Emerging Markets Stock Performance
The business’s 50-day moving average price is GBX 697.60 and its 200 day moving average price is GBX 697.51. The stock has a market capitalization of £622.45 million, a PE ratio of 5.98 and a beta of 0.64.
Fidelity Emerging Markets Company Profile
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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