Fidelity Investment Trust – Fidelity Special Values (LON:FSV) Hits New 1-Year High – Should You Buy?

Shares of Fidelity Investment Trust – Fidelity Special Values PLC (LON:FSV) reached a new 52-week high on Monday . The company traded as high as GBX 425.50 and last traded at GBX 424.11, with a volume of 34989 shares trading hands. The stock had previously closed at GBX 423.50.

Fidelity Investment Trust – Fidelity Special Values Price Performance

The business has a 50 day simple moving average of GBX 406.66 and a 200 day simple moving average of GBX 391.46. The company has a market cap of £1.37 billion, a price-to-earnings ratio of 8.69 and a beta of 1.11.

Fidelity Investment Trust – Fidelity Special Values (LON:FSV) last released 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, sell-side analysts anticipate that Fidelity Investment Trust – Fidelity Special Values PLC will post 46.686747 earnings per share 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.