Fidelity Japan Trust (LON:FJV) Shares Pass Above 50-Day Moving Average - What's Next?

Key Points

• Fidelity Japan Trust shares have crossed above their 50-day moving average, reaching a trading high of GBX 214 ($2.89) before settling at GBX 212 ($2.86).
• The trust has a market capitalization of £239.37 million and employs a 'growth at reasonable price' (GARP) investment approach.
• Fidelity Japan Trust's current P/E ratio stands at 38.02, and the stock has a beta of 0.70, indicating lower volatility compared to the market.

Fidelity Japan Trust (LON:FJV - Get Free Report)'s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 195.51 ($2.64) and traded as high as GBX 214 ($2.89). Fidelity Japan Trust shares last traded at GBX 212 ($2.87), with a volume of 111,978 shares changing hands.

Fidelity Japan Trust Price Performance

The company has a market capitalization of £240.85 million, a price-to-earnings ratio of 38.26 and a beta of 0.70. The stock has a 50 day moving average price of GBX 196.88 and a two-hundred day moving average price of GBX 182.85.

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.