Fidelity Asian Values (LON:FAS) Sets New 1-Year Low – What’s Next?

Shares of Fidelity Asian Values (LON:FAS) hit a new 52-week low on Friday. The stock traded as low as GBX 536 and last traded at GBX 549.26, with a volume of 42,881 shares changing hands. The stock had previously closed at GBX 556.

Fidelity Asian Values Price Performance

The company has a market capitalization of £344.33 million, a price-to-earnings ratio of 4.99 and a beta of 0.62. The firm has a fifty day simple moving average of GBX 610.64 and a 200 day simple moving average of GBX 609.65.

Fidelity Asian Values (LON:FAS) last issued its quarterly earnings results on Friday, October 16th. The company reported GBX 25.18 earnings per share (EPS) for the quarter. Fidelity Asian Values had a return on equity of 5.71% and a net margin of 81.75%. Research analysts predict that Fidelity Asian Values will post 102.73 EPS for the current year.

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.