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

Fidelity Investment Trust – Fidelity Special Values PLC (LON:FSVGet Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 469.50 and last traded at GBX 462, with a volume of 27804 shares changing hands. The stock had previously closed at GBX 463.50.

Fidelity Investment Trust – Fidelity Special Values Stock Up 0.4%

The firm has a 50-day moving average price of GBX 435.06 and a 200 day moving average price of GBX 431.14. The firm has a market capitalization of £1.51 billion, a PE ratio of 4.26 and a beta of 1.27.

Fidelity Investment Trust – Fidelity Special Values Company Profile

(Get Free Report)

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.

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