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Fidelity Japan Trust (LON:FJV) Shares Cross Above 50-Day Moving Average - Here's Why

Fidelity Japan Trust logo with Financial Services background

Fidelity Japan Trust (LON:FJV - Get Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 175.23 ($2.38) and traded as high as GBX 191 ($2.59). Fidelity Japan Trust shares last traded at GBX 190 ($2.58), with a volume of 87,401 shares trading hands.

Fidelity Japan Trust Trading Down 2.4%

The stock's 50 day moving average price is GBX 177.14 and its 200 day moving average price is GBX 174.17. The company has a market cap of £210.74 million, a price-to-earnings ratio of 33.47 and a beta of 0.70.

Fidelity Japan Trust (LON:FJV - Get Free Report) last posted its quarterly earnings data on Thursday, March 27th. The company reported GBX 2.17 ($0.03) EPS for the quarter. Fidelity Japan Trust had a net margin of 71.01% and a return on equity of 2.73%. On average, equities analysts expect that Fidelity Japan Trust will post 25.3499222 earnings per share for the current fiscal 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.

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