Fidelity Emerging Markets (LON:FEML) Reaches New 1-Year Low – What’s Next?

Fidelity Emerging Markets (LON:FEMLGet Free Report)’s share price reached a new 52-week low on Monday . The company traded as low as GBX 623 ($8.03) and last traded at GBX 636 ($8.20), with a volume of 4437 shares traded. The stock had previously closed at GBX 653 ($8.42).

Fidelity Emerging Markets Stock Performance

The company has a market capitalization of £525.84 million, a price-to-earnings ratio of 5.05 and a beta of 0.64. The business has a 50-day simple moving average of GBX 713.50 and a two-hundred day simple moving average of GBX 696.49.

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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