Fidelity Investment Trust - Fidelity Special Values (LON:FSV) Stock Crosses Below 50-Day Moving Average - Should You Sell?

Key Points

• Shares of Fidelity Investment Trust - Fidelity Special Values PLC (LON:FSV) have dipped below their 50-day moving average of GBX 376.02 ($5.08), trading at GBX 375 ($5.06) recently.
• The company has a market capitalization of £1.21 billion and a PE ratio of 594.09, indicating a high valuation relative to earnings.
• Insider Christopher Casey purchased 7,000 shares at an average price of GBX 369 per share, displaying confidence in the stock despite current market conditions.

Fidelity Investment Trust - Fidelity Special Values PLC (LON:FSV - Get Free Report)'s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 376.02 ($5.11) and traded as low as GBX 375 ($5.09). Fidelity Investment Trust - Fidelity Special Values shares last traded at GBX 376 ($5.11), with a volume of 972,478 shares traded.

Fidelity Investment Trust - Fidelity Special Values Trading Up 1.5%

The company has a market capitalization of £1.23 billion, a PE ratio of 601.20 and a beta of 1.11. The company's 50 day moving average price is GBX 376.76 and its 200-day moving average price is GBX 352.29.

Insiders Place Their Bets

In other news, insider Christopher Casey purchased 7,000 shares of the stock in a transaction on Friday, July 11th. The stock was purchased at an average price of GBX 369 per share, with a total value of £25,830. Insiders own 0.22% of the company's stock.

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.