Fidelity Investment Trust – Fidelity Special Values (LON:FSV) Hits New 1-Year High – Here’s What Happened

Fidelity Investment Trust – Fidelity Special Values PLC (LON:FSV)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 453.50 and last traded at GBX 453, with a volume of 410446 shares traded. The stock had previously closed at GBX 449.50.

Fidelity Investment Trust – Fidelity Special Values Price Performance

The firm has a market cap of £1.47 billion, a PE ratio of 9.26 and a beta of 1.11. The business has a fifty day moving average price of GBX 427.20 and a two-hundred day moving average price of GBX 404.25.

About Fidelity Investment Trust – Fidelity Special Values

Fidelity Special Values PLC’s aim is to achieve long term capital growth for investors by investing in special situations. It is an actively managed contrarian Investment Trust that thrives on volatility and uncertainty.

London is one of, if not the, most important of the world’s financial centres. Focused on the UK market but with up to 20% invested in overseas stock markets, this Investment Trust looks for stocks that are undervalued by the market and whose growth potential isn’t yet appreciated by other investors.

By understanding the downside and identifying the potential for change it allows the trust to invest in unloved stocks with potential for positive change.