FMAT Company Profile and Key Details

Fidelity MSCI Materials Index ETF last paid a dividend of 0.83 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $0.00.

Fidelity MSCI Materials Index ETF (AMEX:FMAT) closed at $58.46 USD, gaining $0.25 (0.43%) from the previous close of $58.21. The stock is currently mid-range between its 52-week high and low $48.76 and $62.84. With a market capitalization of about $639.38 million, Fidelity MSCI Materials Index ETF is classified as a small-cap and shows market-like volatility (beta ~0.99). Key stats such as the average daily volume over the past year has been around 53.80 thousand shares, in line with its 52-week average. Headquartered in Boston, MA, Fidelity MSCI Materials Index ETF operates in the Financial Services sector and the Asset Management industry. The fund invests at least 80% of assets in securities included in the fund's underlying index.

Short-term trend indicators are bearishly aligned (SMA20 2.08%, SMA50 7.44%, SMA200 17.59%). The stock’s 14-day RSI is 63.64 (firm momentum), while the ATR of 1.01 points to moderate volatility. The stock remains sitting in the mid-range of its 52-week band, trading -1.24% below its high and over 49.93% above its low. Average 10-day trading volume of 39.23 thousand shares is below the 3-month average of 53.71 thousand, indicating normal recent market interest.

Our AI price prediction model suggests that Fidelity MSCI Materials Index ETF stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term.

currently trading near 52-week highs band.