Fidelity Investment Trust – Fidelity Special Values (LON:FSV) Reaches New 1-Year High – Time to Buy?

Fidelity Investment Trust – Fidelity Special Values PLC (LON:FSV)’s stock price 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 trading hands. The stock had previously closed at GBX 427.50.

Fidelity Investment Trust – Fidelity Special Values Stock Up 0.8%

The company has a fifty day moving average price of GBX 410.90 and a 200 day moving average price of GBX 394.65. The stock has a market cap of £1.39 billion, a PE ratio of 8.81 and a beta of 1.11.

Fidelity Investment Trust – Fidelity Special Values (LON:FSV) last posted its quarterly earnings results on Thursday, November 6th. The company reported GBX 12.28 earnings per share (EPS) for the quarter. Fidelity Investment Trust – Fidelity Special Values had a return on equity of 21.15% and a net margin of 94.33%. As a group, research analysts predict that Fidelity Investment Trust – Fidelity Special Values PLC will post 46.686747 earnings per share for the current year.

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.