Fidelity Asian Values (LON:FAS) Releases Quarterly Earnings Results

Fidelity Asian Values (LON:FAS) issued its quarterly earnings data on Friday. The company reported GBX 25.18 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Fidelity Asian Values had a net margin of 87.46% and a return on equity of 17.85%.

Fidelity Asian Values Stock Performance

Shares of FAS opened at GBX 583 on Friday. The firm has a fifty day moving average of GBX 617.36 and a 200-day moving average of GBX 604.52. The company has a market cap of £365.49 million, a price-to-earnings ratio of 5.30 and a beta of 0.62. Fidelity Asian Values has a 1 year low of GBX 546.06 and a 1 year high of GBX 672.

Fidelity Asian Values Company Profile

Fidelity Asian Values PLC provides shareholders with a differentiated equity exposure to Asian Markets. Asia is the world’s fastest-growing economic region and the trust looks to capitalise on this by finding good businesses, run by good people and buying them at a good price.

The Trust favours smaller companies as this gives it the opportunity to find mispriced businesses, the “winners of tomorrow”, before they become well known.

With more than 18,000 listed companies in Asia – which is more than the rest of the world put together – there is a huge opportunity for a fundamental research driven stock picker who can fully utilise Fidelity’s extensive locally based analyst team.