Fidelity Investment Trust – Fidelity Special Values (LON:FSV) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

Fidelity Investment Trust – Fidelity Special Values PLC (LON:FSV)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 455.61 and traded as high as GBX 472.50. Fidelity Investment Trust – Fidelity Special Values shares last traded at GBX 467.50, with a volume of 543,467 shares trading hands.

Fidelity Investment Trust – Fidelity Special Values Trading Down 0.3%

The stock has a fifty day simple moving average of GBX 456.44 and a 200-day simple moving average of GBX 436.92. The company has a market capitalization of £1.52 billion, a PE ratio of 4.28 and a beta of 1.28.

Fidelity Investment Trust – Fidelity Special Values Company Profile

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.