Fidelity Emerging Markets (LON:FEML) Shares Up 0.2% – Should You Buy?

Fidelity Emerging Markets (LON:FEMLGet Free Report) shares rose 0.2% during trading on Friday . The company traded as high as GBX 708 ($8.64) and last traded at GBX 693 ($8.46). Approximately 626,612 shares traded hands during trading, an increase of 347% from the average daily volume of 140,106 shares. The stock had previously closed at GBX 691.90 ($8.45).

Fidelity Emerging Markets Price Performance

The stock has a 50-day moving average price of GBX 686.02 and a 200 day moving average price of GBX 691.77. The firm has a market cap of £631.32 million, a price-to-earnings ratio of 5,330.77 and a beta of 0.64.

Insider Buying and Selling

In other Fidelity Emerging Markets news, insider Mark Little acquired 2,850 shares of the stock in a transaction on Monday, October 14th. The shares were bought at an average price of GBX 701 ($8.56) per share, with a total value of £19,978.50 ($24,393.77). Corporate insiders own 0.08% of the company’s stock.

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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