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

Key Points

• Fidelity Asian Values reported an EPS of GBX 22.51 for the quarter, boasting a net margin of 50.86% and a return on equity of 3.04%.
• The company's shares opened at GBX 584, with a market cap of £376.80 million and a price-to-earnings ratio of 1,265.16.
• Fidelity Asian Values focuses on smaller companies in Asia, aiming to identify mispriced businesses before they become mainstream, supported by a strong local analyst team.

Fidelity Asian Values (LON:FAS - ) issued its earnings results on Friday. The company reported GBX 22.51 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Fidelity Asian Values had a net margin of 50.86% and a return on equity of 3.04%.

Fidelity Asian Values Trading Down 1.4%

Shares of FAS opened at GBX 584 on Friday. The company has a market cap of £376.80 million, a price-to-earnings ratio of 1,265.16 and a beta of 0.56. Fidelity Asian Values has a 1-year low of GBX 440.67 and a 1-year high of GBX 602. The company's fifty day simple moving average is GBX 579.32 and its 200 day simple moving average is GBX 537.34.

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.

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