Fidelity Asian Values (LON:FAS) Shares Cross Below 50 Day Moving Average – Time to Sell?

Fidelity Asian Values (LON:FAS) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 504.19 ($6.24) and traded as low as GBX 504 ($6.24). Fidelity Asian Values shares last traded at GBX 504 ($6.24), with a volume of 28,100 shares.

Fidelity Asian Values Stock Down 1.6 %

The company has a market capitalization of £357.94 million, a price-to-earnings ratio of -6,300.00 and a beta of 0.56. The business has a fifty day simple moving average of GBX 504.15 and a two-hundred day simple moving average of GBX 500.78.

Fidelity Asian Values Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 6th. Investors of record on Thursday, November 7th were paid a GBX 14.50 ($0.18) dividend. This represents a yield of 2.8%. The ex-dividend date was Thursday, November 7th. Fidelity Asian Values’s dividend payout ratio is -18,750.00%.

Insider Buying and Selling at Fidelity Asian Values

In other Fidelity Asian Values news, insider Lucy Costa Duarte purchased 3,800 shares of the business’s stock in a transaction that occurred on Monday, October 14th. The stock was acquired at an average cost of GBX 523 ($6.47) per share, with a total value of £19,874 ($24,599.58). Company insiders own 1.68% of the company’s stock.

About Fidelity Asian Values

Fidelity Asian Values plc is a closed-ended equity mutual fund launched and managed by FIL Investment Services (UK) Limited. The fund is co-managed by FIL Investments International and FIL Investment Management (Hong Kong) Limited. It invests in the public equity markets of Asia, excluding Japan. The fund invests in stocks of companies across all market capitalizations.