Fidelity Asian Values (LON:FAS) Reaches 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 during trading on Wednesday . The company traded as high as GBX 560 ($7.52) and last traded at GBX 558 ($7.50), with a volume of 119660 shares traded. The stock had previously closed at GBX 552 ($7.42).

Fidelity Asian Values Price Performance

The firm has a 50 day moving average of GBX 528.77 and a two-hundred day moving average of GBX 504.49. The stock has a market cap of £392.66 million, a PE ratio of 34.44 and a beta of 0.56.

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.