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Fidelity Japan Trust (LON:FJV) Shares Pass Above 50 Day Moving Average - Should You Sell?

Fidelity Japan Trust logo with Financial Services background

Key Points

  • Fidelity Japan Trust's share price has surpassed its 50-day moving average of GBX 192.41, reaching GBX 204 during trading.
  • The Trust focuses on a growth at reasonable price (GARP) investment strategy, aiming to identify under-appreciated Japanese companies.
  • Fidelity Japan Trust currently has a market capitalization of £230.62 million and a P/E ratio of 36.63.
  • Want stock alerts on Fidelity Japan Trust? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Fidelity Japan Trust (LON:FJV - Get Free Report)'s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 192.41 ($2.58) and traded as high as GBX 204 ($2.74). Fidelity Japan Trust shares last traded at GBX 203 ($2.73), with a volume of 109,611 shares traded.

Fidelity Japan Trust Stock Performance

The stock has a market cap of £230.62 million, a price-to-earnings ratio of 36.63 and a beta of 0.70. The stock has a 50-day moving average price of GBX 192.76 and a two-hundred day moving average price of GBX 180.63.

Fidelity Japan Trust Company Profile

(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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