Insider Buying: Fidelity China Special (LON:FCSS) Insider Acquires 30,000 Shares of Stock

Fidelity China Special (LON:FCSSGet Free Report) insider Mike Balfour purchased 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 14th. The stock was acquired at an average cost of GBX 258 per share, with a total value of £77,400.

Fidelity China Special Price Performance

LON:FCSS traded up GBX 2.92 during trading hours on Wednesday, hitting GBX 259.92. The company had a trading volume of 519,128 shares, compared to its average volume of 1,070,782. The company has a market capitalization of £1.18 billion, a PE ratio of 8.74 and a beta of 0.88. The stock has a 50-day moving average price of GBX 273.49 and a 200 day moving average price of GBX 293.85. Fidelity China Special has a 52 week low of GBX 241.01 and a 52 week high of GBX 339.

Fidelity China Special (LON:FCSSGet Free Report) last issued its quarterly earnings data on Tuesday, June 9th. The company reported GBX 9.22 EPS for the quarter. Fidelity China Special had a net margin of 81.41% and a return on equity of 9.12%. The business had revenue of GBX 3,791 million during the quarter. Analysts anticipate that Fidelity China Special will post 33.5074627 EPS for the current fiscal year.

Fidelity China Special Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Fidelity China Special Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity China Special and related companies with MarketBeat.com's FREE daily email newsletter.