Fidelity Asian Values (LON:FAS) Trading Down 0.4% - Time to Sell?

Key Points

• Fidelity Asian Values (LON:FAS) experienced a 0.4% decline in stock price, trading last at GBX 564 ($7.45), with a significant drop in trading volume compared to the average.
• The fund has a market capitalization of £392.66 million and a price-to-earnings ratio of 34.44, indicating its high valuation relative to earnings.
• Fidelity Asian Values specializes in equity exposure to Asian markets, focusing on smaller companies to identify potential high-growth opportunities before they gain broader recognition.

Shares of Fidelity Asian Values (LON:FAS - Get Free Report) were down 0.4% during trading on Thursday . The company traded as low as GBX 562 ($7.46) and last traded at GBX 564 ($7.49). Approximately 55,160 shares were traded during trading, a decline of 36% from the average daily volume of 86,597 shares. The stock had previously closed at GBX 566 ($7.52).

Fidelity Asian Values Stock Performance

The company has a market capitalization of £387.09 million, a PE ratio of 33.95 and a beta of 0.56. The stock's 50 day moving average is GBX 534.36 and its 200 day moving average is GBX 506.73.

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.