Fidelity China Special (LON:FCSS – Get Free Report) issued its earnings results on Friday. The company reported GBX 8.64 earnings per share for the quarter, Digital Look Earnings reports. Fidelity China Special had a negative net margin of 561.50% and a positive return on equity of 83.04%.
Fidelity China Special Trading Down 1.8%
Shares of LON:FCSS opened at GBX 324.22 on Friday. The business has a fifty day simple moving average of GBX 310.83 and a 200 day simple moving average of GBX 303.62. Fidelity China Special has a 1 year low of GBX 206.28 and a 1 year high of GBX 339. The firm has a market cap of £1.54 billion and a price-to-earnings ratio of 2.88.
Insider Transactions at Fidelity China Special
In other news, insider Vanessa Donegan acquired 6,287 shares of the stock in a transaction dated Thursday, October 23rd. The shares were acquired at an average cost of GBX 316 per share, for a total transaction of £19,866.92. 0.10% of the stock is owned by insiders.
Fidelity China Special Company Profile
As the world’s second-largest economy, China is shifting from export-led growth towards an economy driven by domestic consumption. With expanding middle classes, rising incomes and technological innovations driving this change and creating a solid backdrop for companies to thrive, investors seeking an effective globally diversified portfolio may want to consider allocating some of their portfolio to China.
Fidelity China Special Situations PLC provides focused exposure to companies benefiting from this growth opportunity.
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