Fidelity China Special (LON:FCSS) Releases Quarterly Earnings Results

Fidelity China Special (LON:FCSSGet Free Report) released its quarterly earnings results on Friday. The company reported GBX 8.64 EPS for the quarter, Digital Look Earnings reports. Fidelity China Special had a negative net margin of 561.50% and a positive return on equity of 83.04%.

Fidelity China Special Stock Down 2.1%

Shares of FCSS opened at GBX 323 on Friday. The company has a 50 day moving average of GBX 311.13 and a two-hundred day moving average of GBX 304.47. Fidelity China Special has a twelve month low of GBX 206.28 and a twelve month high of GBX 339. The company has a market cap of £1.54 billion and a price-to-earnings ratio of 2.87.

Insider Activity at Fidelity China Special

In other Fidelity China Special news, insider Vanessa Donegan bought 6,287 shares of the company’s stock in a transaction that occurred on Thursday, October 23rd. The shares were purchased at an average cost of GBX 316 per share, for a total transaction of £19,866.92. Corporate insiders own 0.10% of the company’s stock.

Fidelity China Special Company Profile

(Get Free Report)

As the world’s second-largest economy, China is shifting from export-led growth towards an economy driven by domestic consumption. With expanding middle classes, rising incomes and technological innovations driving this change and creating a solid backdrop for companies to thrive, investors seeking an effective globally diversified portfolio may want to consider allocating some of their portfolio to China.

Fidelity China Special Situations PLC provides focused exposure to companies benefiting from this growth opportunity.

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