Fidelity Investment Trust – Fidelity Special Values (LON:FSV) Hits New 52-Week High – Here’s What Happened

Fidelity Investment Trust – Fidelity Special Values PLC (LON:FSV)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 443.50 and last traded at GBX 443.50, with a volume of 1357154 shares traded. The stock had previously closed at GBX 437.86.

Fidelity Investment Trust – Fidelity Special Values Price Performance

The company has a fifty day moving average of GBX 417.10 and a two-hundred day moving average of GBX 398.56. The stock has a market capitalization of £1.44 billion, a P/E ratio of 9.11 and a beta of 1.11.

Fidelity Investment Trust – Fidelity Special Values (LON:FSV) last released its earnings results on Thursday, November 6th. The company reported GBX 12.28 EPS for the quarter. Fidelity Investment Trust – Fidelity Special Values had a return on equity of 21.15% and a net margin of 94.33%. As a group, equities research analysts predict that Fidelity Investment Trust – Fidelity Special Values PLC will post 46.686747 EPS for the current fiscal year.

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.