Fidelity China Special (LON:FCSS - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 253.03 ($3.36) and traded as low as GBX 235 ($3.12). Fidelity China Special shares last traded at GBX 235 ($3.12), with a volume of 448,128 shares trading hands.
Fidelity China Special Trading Up 3.4 %
The stock has a market capitalization of £1.22 billion and a PE ratio of 1.22. The firm has a 50-day moving average price of GBX 251.03 and a 200-day moving average price of GBX 232.49.
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.
Further Reading
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