Fidelity Japan Trust (LON:FJV) Posts Earnings Results

Key Points

• Fidelity Japan Trust (LON:FJV) reported earnings of GBX 1.33 per share for the quarter, with a 71.01% net margin and a return on equity of 2.73%.
• The stock opened at GBX 210 and has fluctuated between a one-year low of GBX 140.03 and a high of GBX 215.
• Fidelity Japan Trust employs a ‘growth at reasonable price' investment strategy, focusing on underappreciated growth prospects in Japanese companies.

Fidelity Japan Trust (LON:FJV - Get Free Report) released its quarterly earnings results on Wednesday. The company reported GBX 1.33 earnings per share for the quarter, Digital Look Earnings reports. Fidelity Japan Trust had a return on equity of 2.73% and a net margin of 71.01%.

Fidelity Japan Trust Price Performance

Fidelity Japan Trust stock remained flat at GBX 209 during trading on Monday. The company had a trading volume of 195,718 shares, compared to its average volume of 135,250. Fidelity Japan Trust has a one year low of GBX 140.03 and a one year high of GBX 215. The business's 50 day moving average is GBX 202.41 and its 200-day moving average is GBX 185.78. The stock has a market capitalization of £237.59 million, a price-to-earnings ratio of -3,338.66 and a beta of 0.70.

About Fidelity Japan Trust

Fidelity Japan Trust PLC aims to be the key investment of choice for those seeking Japanese companies exposure. The Trust has a ‘growth at reasonable price' (GARP) investment style and approach - which involves identifying companies whose growth prospects are being under-appreciated or are not fully recognised by other investors.