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

Fidelity Investment Trust – Fidelity Special Values PLC (LON:FSV)’s stock price hit a new 52-week high during trading 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 Stock Down 0.1%

The firm’s 50-day simple moving average is GBX 439.11 and its 200-day simple moving average is GBX 432.62. The firm has a market capitalization of £1.54 billion, a PE ratio of 4.34 and a beta of 1.27.

About Fidelity Investment Trust – Fidelity Special Values

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.