Fidelity China Special (LON:FCSS - Get Free Report)'s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty 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 changing hands.
Fidelity China Special Stock Performance
The business's 50-day moving average is GBX 251.71 and its two-hundred day moving average is GBX 232.30. The stock has a market capitalization of £1.18 billion and a PE ratio of 1.18.
Fidelity China Special Company Profile
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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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