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

Fidelity Investment Trust – Fidelity Special Values PLC (LON:FSV) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 432.50 and last traded at GBX 431.80, with a volume of 83553 shares changing hands. The stock had previously closed at GBX 427.50.

Fidelity Investment Trust – Fidelity Special Values Stock Up 0.8%

The company has a market capitalization of £1.39 billion, a P/E ratio of 8.81 and a beta of 1.11. The company’s 50-day moving average is GBX 410.90 and its two-hundred day moving average is GBX 394.65.

Fidelity Investment Trust – Fidelity Special Values (LON:FSV) last issued its quarterly earnings results on Thursday, November 6th. The company reported GBX 12.28 EPS for the quarter. Fidelity Investment Trust – Fidelity Special Values had a net margin of 94.33% and a return on equity of 21.15%. On average, sell-side analysts predict that Fidelity Investment Trust – Fidelity Special Values PLC will post 46.686747 EPS for the current 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.