Fidelity Asian Values (LON:FAS) Hits New 1-Year High - Here's What Happened

Fidelity Asian Values (LON:FAS - Get Free Report)'s share price hit a new 52-week high on Wednesday . The stock traded as high as GBX 533.21 ($7.24) and last traded at GBX 530 ($7.20), with a volume of 109499 shares trading hands. The stock had previously closed at GBX 526 ($7.14).

Fidelity Asian Values Price Performance

The firm has a market cap of £364.81 million, a price-to-earnings ratio of 32.00 and a beta of 0.56. The company has a fifty day moving average price of GBX 496.51 and a two-hundred day moving average price of GBX 497.16.

Fidelity Asian Values (LON:FAS - Get Free Report) last announced its quarterly earnings data on Tuesday, March 25th. The company reported GBX 7.88 ($0.11) earnings per share for the quarter. Fidelity Asian Values had a return on equity of 3.04% and a net margin of 50.86%. On average, research analysts expect that Fidelity Asian Values will post 102.734375 earnings per share for the current fiscal year.

About Fidelity Asian Values

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.