Fidelity Asian Values (LON:FAS) Posts Quarterly Earnings Results

Fidelity Asian Values (LON:FAS) announced its earnings results on Tuesday. The company reported GBX 7.88 ($0.10) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Fidelity Asian Values had a return on equity of 3.04% and a net margin of 50.86%.

Fidelity Asian Values Trading Up 0.0 %

Shares of Fidelity Asian Values stock traded up GBX 0.02 ($0.00) on Thursday, reaching GBX 504.02 ($6.49). 37,812 shares of the stock were exchanged, compared to its average volume of 104,224. The firm has a market capitalization of £350.90 million, a PE ratio of 30.78 and a beta of 0.56. Fidelity Asian Values has a 1-year low of GBX 467.25 ($6.02) and a 1-year high of GBX 549.86 ($7.08). The business has a fifty day moving average price of GBX 495 and a two-hundred day moving average price of GBX 500.31.

Fidelity Asian Values Company Profile

Fidelity Asian Values PLC provides shareholders with a differentiated equity exposure to Asian Markets. Asia is the world’s fastest-growing economic region and the trust looks to capitalise on this by finding good businesses, run by good people and buying them at a good price.

The Trust favours smaller companies as this gives it the opportunity to find mispriced businesses, the “winners of tomorrow”, before they become well known.

With more than 18,000 listed companies in Asia – which is more than the rest of the world put together – there is a huge opportunity for a fundamental research driven stock picker who can fully utilise Fidelity’s extensive locally based analyst team.