Fidelity Asian Values (LON:FAS) Trading 1.2% Higher – Here’s Why

Shares of Fidelity Asian Values (LON:FAS) traded up 1.2% on Thursday . The company traded as high as GBX 514.85 ($6.53) and last traded at GBX 512 ($6.49). 249,818 shares traded hands during mid-day trading, an increase of 173% from the average session volume of 91,344 shares. The stock had previously closed at GBX 506 ($6.41).

Fidelity Asian Values Stock Performance

The company has a market cap of £363.62 million, a price-to-earnings ratio of -6,400.00 and a beta of 0.56. The firm’s 50 day simple moving average is GBX 507.55 and its 200-day simple moving average is GBX 502.43.

Fidelity Asian Values Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 6th. Investors of record on Thursday, November 7th were given a dividend of GBX 14.50 ($0.18) per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a yield of 2.8%. Fidelity Asian Values’s payout ratio is presently -18,750.00%.

Insider Buying and Selling at Fidelity Asian Values

In related news, insider Lucy Costa Duarte purchased 3,800 shares of Fidelity Asian Values stock in a transaction dated Monday, October 14th. The shares were acquired at an average price of GBX 523 ($6.63) per share, for a total transaction of £19,874 ($25,192.04). 1.68% of the stock is owned by insiders.

About Fidelity Asian Values

Fidelity Asian Values plc is a closed-ended equity mutual fund launched and managed by FIL Investment Services (UK) Limited. The fund is co-managed by FIL Investments International and FIL Investment Management (Hong Kong) Limited. It invests in the public equity markets of Asia, excluding Japan. The fund invests in stocks of companies across all market capitalizations.