Fidelity Asian Values (LON:FAS) Share Price Passes Above 50-Day Moving Average - What's Next?

Key Points

• Technical breakout: Fidelity Asian Values (LON:FAS) crossed above its 50‑day moving average, trading as high as GBX 632 and last at GBX 626 (50‑day MA GBX 625.93, 200‑day MA GBX 614.41) on volume of 43,607 shares.
• Attractive fundamentals: The trust has a market cap of £398.39m and a low P/E of 5.69, with the latest quarter showing GBX 9.37 EPS, GBX 759m revenue, ROE 17.85% and a net margin of 87.46% (analysts forecast ~102.73 EPS for the year).
• Investment focus: Fidelity Asian Values targets smaller, potentially mispriced Asian companies to capture long‑term growth, leveraging Fidelity’s extensive local analyst team.

Fidelity Asian Values (LON:FAS - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 625.93 and traded as high as GBX 632. Fidelity Asian Values shares last traded at GBX 626, with a volume of 43,607 shares.

Fidelity Asian Values Price Performance

The firm has a market cap of £398.39 million, a price-to-earnings ratio of 5.69 and a beta of 0.54. The stock has a 50-day moving average of GBX 625.93 and a 200-day moving average of GBX 614.41.

Fidelity Asian Values (LON:FAS - Get Free Report) last issued its quarterly earnings results on Monday, March 30th. The company reported GBX 9.37 earnings per share (EPS) for the quarter. The business had revenue of GBX 759 million for the quarter. Fidelity Asian Values had a return on equity of 17.85% and a net margin of 87.46%. On average, equities analysts expect that Fidelity Asian Values will post 102.734375 EPS for the current fiscal 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.

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