Fidelity Investment Trust – Fidelity Special Values (LON:FSV) Sets New 12-Month High – Here’s Why

Shares of Fidelity Investment Trust – Fidelity Special Values PLC (LON:FSV) hit a new 52-week high on Tuesday . The company traded as high as GBX 417.10 and last traded at GBX 415.72, with a volume of 28509 shares trading hands. The stock had previously closed at GBX 415.50.

Fidelity Investment Trust – Fidelity Special Values Trading Up 0.2%

The company has a market capitalization of £1.35 billion, a price-to-earnings ratio of 8.51 and a beta of 1.11. The stock’s fifty day simple moving average is GBX 403.10 and its 200-day simple moving average is GBX 387.91.

Fidelity Investment Trust – Fidelity Special Values (LON:FSV) last posted 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, analysts anticipate that Fidelity Investment Trust – Fidelity Special Values PLC will post 46.686747 EPS for the current fiscal 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.