Fidelity China Special (LON:FCSS - Get Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 245.24 ($3.31) and traded as high as GBX 254 ($3.43). Fidelity China Special shares last traded at GBX 251 ($3.39), with a volume of 479,440 shares changing hands.
Fidelity China Special Stock Down 1.8%
The firm has a market cap of £1.22 billion and a PE ratio of 1.22. The firm's 50 day moving average is GBX 244.49 and its 200-day moving average is GBX 236.49.
About Fidelity China Special
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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.
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