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

Fidelity Investment Trust – Fidelity Special Values PLC (LON:FSV) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 456 and last traded at GBX 453, with a volume of 917426 shares. The stock had previously closed at GBX 454.50.

Fidelity Investment Trust – Fidelity Special Values Price Performance

The company has a market capitalization of £1.47 billion, a PE ratio of 9.31 and a beta of 1.11. The business’s 50 day simple moving average is GBX 432.66 and its 200 day simple moving average is GBX 407.18.

Fidelity Investment Trust – Fidelity Special Values Company Profile

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.