Fidelity Investment Trust - Fidelity Special Values (LON:FSV) Reaches New 1-Year High - Still a Buy?

Key Points

• Fidelity Special Values PLC achieved a new 12-month high, trading as high as GBX 381.50 ($5.10) and last at GBX 380.87 ($5.09), signaling strong investor interest.
• The investment trust currently has a market cap of £1.24 billion and a P/E ratio of 5.54, indicating potentially attractive valuation metrics.
• Insider Christopher Casey purchased 7,000 shares at GBX 369 ($4.93) each, reflecting confidence in the company's future prospects as insiders hold 0.88% of the stock.

Shares of Fidelity Investment Trust - Fidelity Special Values PLC (LON:FSV - Get Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 381.50 ($5.13) and last traded at GBX 380.87 ($5.12), with a volume of 77215 shares traded. The stock had previously closed at GBX 380 ($5.11).

Fidelity Investment Trust - Fidelity Special Values Stock Up 0.1%

The company has a market cap of £1.24 billion, a PE ratio of 5.53 and a beta of 1.11. The stock's 50 day simple moving average is GBX 369.03 and its two-hundred day simple moving average is GBX 342.97.

Insiders Place Their Bets

In other Fidelity Investment Trust - Fidelity Special Values news, insider Christopher Casey purchased 7,000 shares of the business's stock in a transaction that occurred on Friday, July 11th. The shares were purchased at an average price of GBX 369 ($4.96) per share, for a total transaction of £25,830 ($34,727.08). 0.88% of the stock is currently owned by corporate insiders.

Fidelity Investment Trust - Fidelity Special Values Company Profile

Fidelity Special Values PLC's aim is to achieve long term capital growth for investors by investing in special situations. It is an actively managed contrarian Investment Trust that thrives on volatility and uncertainty. London is one of, if not the, most important of the world's financial centres.