Fidelity Japan Trust (LON:FJV) Stock Price Passes Above 50 Day Moving Average - Should You Sell?

Key Points

• Fidelity Japan Trust's share price has recently crossed above its fifty-day moving average of GBX 189.92, trading as high as GBX 205 during the session.
• The stock has a market capitalization of £227.22 million and a P/E ratio of 36.09, indicating its valuation relative to earnings.
• The Trust employs a ‘growth at reasonable price’ investment strategy, focusing on undervalued Japanese companies with strong growth prospects.

Fidelity Japan Trust (LON:FJV - Get Free Report)'s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 189.92 ($2.52) and traded as high as GBX 205 ($2.72). Fidelity Japan Trust shares last traded at GBX 202 ($2.68), with a volume of 14,727 shares.

Fidelity Japan Trust Price Performance

The business has a fifty day simple moving average of GBX 190.86 and a two-hundred day simple moving average of GBX 179.60. The company has a market cap of £229.49 million, a PE ratio of 36.45 and a beta of 0.70.

Fidelity Japan Trust Company Profile

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.