Fidelity Emerging Markets (LON:FEML) Shares Up 0.1% – Time to Buy?

Shares of Fidelity Emerging Markets (LON:FEMLGet Free Report) shot up 0.1% during trading on Monday . The company traded as high as GBX 969 ($12.92) and last traded at GBX 961 ($12.82). 140,903 shares changed hands during trading, an increase of 85% from the average session volume of 76,173 shares. The stock had previously closed at GBX 960 ($12.80).

Fidelity Emerging Markets Trading Up 0.1%

The business has a fifty day moving average price of GBX 917.38 and a two-hundred day moving average price of GBX 818.49. The company has a market cap of £614.18 million, a price-to-earnings ratio of 10.01 and a beta of 0.64.

Insider Transactions at Fidelity Emerging Markets

In related news, insider Mark Little acquired 1,019 shares of the company’s stock in a transaction on Wednesday, October 8th. The stock was purchased at an average cost of GBX 982 per share, for a total transaction of £10,006.58. 0.10% of the stock is owned by corporate insiders.

About Fidelity Emerging Markets

(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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