Fidelity Investment Trust – Fidelity Special Values (LON:FSV) Shares Break Above Fifty Day Moving Average – Here’s What Happened

Shares of Fidelity Investment Trust – Fidelity Special Values PLC (LON:FSV) passed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of GBX 466.47 and traded as high as GBX 470.50. Fidelity Investment Trust – Fidelity Special Values shares last traded at GBX 469.50, with a volume of 377,731 shares trading hands.

Fidelity Investment Trust – Fidelity Special Values Stock Down 0.4%

The stock has a market cap of £1.52 billion, a PE ratio of 4.28 and a beta of 1.28. The business has a 50 day moving average price of GBX 466.47 and a 200 day moving average price of GBX 443.13.

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.