Shares of Fidelity China Special (
LON:FCSS -
Get Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 309.37 and traded as low as GBX 297.50. Fidelity China Special shares last traded at GBX 298, with a volume of 614,352 shares changing hands.
Fidelity China Special Trading Down 0.0%
The stock has a market capitalization of £1.38 billion, a price-to-earnings ratio of 2.65 and a beta of 0.79. The company has a fifty day moving average of GBX 298.56 and a two-hundred day moving average of GBX 309.37.
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.
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