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

Shares of Fidelity Investment Trust – Fidelity Special Values PLC (LON:FSV) reached a new 52-week high on Monday . The company traded as high as GBX 475.50 and last traded at GBX 475.50, with a volume of 241765 shares traded. The stock had previously closed at GBX 475.

Fidelity Investment Trust – Fidelity Special Values Trading Down 0.1%

The company has a market cap of £1.54 billion, a PE ratio of 4.34 and a beta of 1.27. The stock has a 50 day moving average price of GBX 439.11 and a 200 day moving average price of GBX 432.62.

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.