Free Trial

Mike Balfour Buys 2,063 Shares of Fidelity China Special (LON:FCSS) Stock

Fidelity China Special logo with Financial Services background

Key Points

  • Mike Balfour, an insider at Fidelity China Special, purchased 2,063 shares at an average price of GBX 282 ($3.74) on August 4th, totaling £5,817.66 ($7,724.95).
  • The company reported a negative net margin of 561.50% but posted a positive return on equity of 83.04% for the latest quarter.
  • Fidelity China Special has a market capitalization of £1.39 billion and is seen as a way to gain exposure to China's shifting economy driven by domestic consumption.
  • Need better tools to track Fidelity China Special? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Fidelity China Special (LON:FCSS - Get Free Report) insider Mike Balfour bought 2,063 shares of the firm's stock in a transaction on Monday, August 4th. The stock was purchased at an average price of GBX 282 ($3.79) per share, for a total transaction of £5,817.66 ($7,823.64).

Fidelity China Special Stock Performance

Shares of FCSS remained flat at GBX 285.50 ($3.84) during mid-day trading on Friday. 223,343 shares of the stock traded hands, compared to its average volume of 1,078,835. The company has a fifty day moving average of GBX 262.34 and a 200-day moving average of GBX 253.11. Fidelity China Special has a 1-year low of GBX 170.60 ($2.29) and a 1-year high of GBX 292.83 ($3.94). The company has a market capitalization of £1.41 billion and a P/E ratio of 1.41.

Fidelity China Special (LON:FCSS - Get Free Report) last posted its quarterly earnings data on Tuesday, June 10th. The company reported GBX 10.18 ($0.14) earnings per share for the quarter. Fidelity China Special had a positive return on equity of 83.04% and a negative net margin of 561.50%. As a group, research analysts predict that Fidelity China Special will post 33.5074627 EPS for the current fiscal year.

Fidelity China Special Company Profile

(Get Free Report)

As the world's second-largest economy, China is shifting from export-led growth towards an economy driven by domestic consumption. With expanding middle classes, rising incomes and technological innovations driving this change and creating a solid backdrop for companies to thrive, investors seeking an effective globally diversified portfolio may want to consider allocating some of their portfolio to China. Fidelity China Special Situations PLC provides focused exposure to companies benefiting from this growth opportunity.

Recommended Stories

Should You Invest $1,000 in Fidelity China Special Right Now?

Before you consider Fidelity China Special, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fidelity China Special wasn't on the list.

While Fidelity China Special currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Tesla’s Future Unleashed: Elon’s Robotics Move Changes Everything
Top Trades: Massive Gains and Costly Mistakes to Avoid
NVIDIA Earnings: All Signs Point to More Growth Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines