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

Key Points

• Fidelity Special Values PLC reached a new 52-week high of GBX 383 ($5.17), closing at GBX 382 ($5.16) with a trading volume of over 500,000 shares.
• The firm boasts a market cap of £1.25 billion and a P/E ratio of 5.58, indicating strong valuation metrics in the market.
• Insider Christopher Casey purchased 7,000 shares at GBX 369 ($4.98), reflecting confidence in the stock as insiders own 0.88% of the company.

Shares of Fidelity Investment Trust - Fidelity Special Values PLC (LON:FSV - Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as GBX 383 ($5.19) and last traded at GBX 382 ($5.18), with a volume of 500285 shares. The stock had previously closed at GBX 380.50 ($5.16).

Fidelity Investment Trust - Fidelity Special Values Stock Performance

The firm has a market capitalization of £1.24 billion, a PE ratio of 5.57 and a beta of 1.11. The company's fifty day moving average price is GBX 371.23 and its two-hundred day moving average price is GBX 344.95.

Insider Buying and Selling at Fidelity Investment Trust - Fidelity Special Values

In related news, insider Christopher Casey acquired 7,000 shares of the business's stock in a transaction dated Friday, July 11th. The shares were acquired at an average cost of GBX 369 ($5.00) per share, for a total transaction of £25,830 ($35,009.49). 0.88% of the stock is currently owned by 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.