Fidelity Asian Values (LON:FAS) Stock Passes Below Fifty Day Moving Average - Should You Sell?

Key Points

• Fidelity Asian Values (LON:FAS) dipped below its 50‑day moving average intraday — trading as low as GBX 616 — though it last traded at GBX 634; the 50‑day MA is GBX 625.84 and the 200‑day MA is GBX 604.15.
• The trust has a market cap of £408.2M, a P/E of 10.18 and a beta of 0.56, and it targets smaller Asian companies—seeking mispriced "winners of tomorrow" using Fidelity’s local analyst research.

Shares of Fidelity Asian Values (LON:FAS - ) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 625.84 and traded as low as GBX 616. Fidelity Asian Values shares last traded at GBX 634, with a volume of 205,342 shares trading hands.

Fidelity Asian Values Trading Up 0.9%

The firm has a market cap of £408.20 million, a P/E ratio of 10.18 and a beta of 0.56. The firm's 50 day moving average is GBX 625.84 and its two-hundred day moving average is GBX 604.15.

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.

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