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

Key Points

• FSV crossed below its 50-day moving average (50-day MA GBX 434.60) during Friday trading, hitting a low of GBX 397 and last trading at GBX 398.02 on volume of 635,567 shares.
• The stock is trading below both its 50-day and 200-day simple moving averages (200-day MA GBX 413.50); the trust has a market capitalization of £1.29 billion and a P/E of 8.13, reflecting valuation despite recent weakness.
• Insider Hamish Baillie bought 5,000 shares at GBX 407 on March 20 (insiders own 0.22%), and Fidelity Special Values is an actively managed contrarian investment trust targeting undervalued UK "special situations" with up to 20% overseas exposure.

Fidelity Investment Trust - Fidelity Special Values PLC (LON:FSV - ) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 434.60 and traded as low as GBX 397. Fidelity Investment Trust - Fidelity Special Values shares last traded at GBX 398.02, with a volume of 635,567 shares.

Fidelity Investment Trust - Fidelity Special Values Price Performance

The stock has a fifty day simple moving average of GBX 434.60 and a two-hundred day simple moving average of GBX 413.50. The firm has a market capitalization of £1.29 billion, a P/E ratio of 8.13 and a beta of 1.25.

Insider Activity at Fidelity Investment Trust - Fidelity Special Values

In related news, insider Hamish Baillie acquired 5,000 shares of the stock in a transaction dated Friday, March 20th. The stock was bought at an average price of GBX 407 per share, for a total transaction of £20,350. 0.22% of the stock is currently owned by company insiders.

About Fidelity Investment Trust - Fidelity Special Values

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. Focused on the UK market but with up to 20% invested in overseas stock markets, this Investment Trust looks for stocks that are undervalued by the market and whose growth potential isn't yet appreciated by other investors. By understanding the downside and identifying the potential for change it allows the trust to invest in unloved stocks with potential for positive change.

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