Fidelity China Special (LON:FCSS – Get Free Report) posted its quarterly 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 positive return on equity of 83.04% and a negative net margin of 561.50%.
Fidelity China Special Stock Down 1.8%
Fidelity China Special stock opened at GBX 324.08 on Friday. The stock has a 50-day moving average price of GBX 310.83 and a 200 day moving average price of GBX 303.62. The company has a market capitalization of £1.54 billion and a price-to-earnings ratio of 2.88. Fidelity China Special has a 52 week low of GBX 206.28 and a 52 week high of GBX 339.
Insider Transactions at Fidelity China Special
In other Fidelity China Special news, insider Vanessa Donegan purchased 6,287 shares of Fidelity China Special stock in a transaction on Thursday, October 23rd. The stock was bought at an average cost of GBX 316 per share, with a total value of £19,866.92. Corporate insiders own 0.10% of the company’s stock.
About Fidelity China Special
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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