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Fidelity Japan Trust (LON:FJV) Share Price Passes Above 50 Day Moving Average - Time to Sell?

Fidelity Japan Trust logo with Financial Services background

Key Points

  • Fidelity Japan Trust's share price surpassed its 50-day moving average, indicating potential upward momentum, as it traded at GBX 219 ($2.94).
  • The company has a market capitalization of £248.95 million and reported earnings of GBX 1.33 per share for the most recent quarter.
  • Fidelity Japan Trust employs a growth at reasonable price (GARP) investment strategy, focusing on undervalued Japanese companies.
  • Five stocks to consider instead of Fidelity Japan Trust.

Fidelity Japan Trust (LON:FJV - Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 209.24 ($2.80) and traded as high as GBX 220 ($2.95). Fidelity Japan Trust shares last traded at GBX 219 ($2.94), with a volume of 80,625 shares trading hands.

Fidelity Japan Trust Price Performance

The stock has a market cap of £248.95 million, a price-to-earnings ratio of 3,164.74 and a beta of 0.70. The company's fifty day simple moving average is GBX 209.24 and its two-hundred day simple moving average is GBX 190.65.

Fidelity Japan Trust (LON:FJV - Get Free Report) last posted its earnings results on Wednesday, September 10th. The company reported GBX 1.33 earnings per share for the quarter. Fidelity Japan Trust had a net margin of 71.01% and a return on equity of 2.73%. On average, analysts forecast that Fidelity Japan Trust will post 25.3499222 earnings per share for the current year.

About Fidelity Japan Trust

(Get Free Report)

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.

See Also

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