Fidelity Asian Values (LON:FAS) Share Price Crosses Below 50-Day Moving Average – Here’s Why

Fidelity Asian Values (LON:FAS) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 503.17 ($6.14) and traded as low as GBX 495.49 ($6.05). Fidelity Asian Values shares last traded at GBX 502 ($6.13), with a volume of 105,536 shares.

Fidelity Asian Values Stock Up 0.4 %

The stock has a market cap of £357.94 million, a PE ratio of -6,300.00 and a beta of 0.56. The business has a 50 day moving average price of GBX 503.05 and a 200 day moving average price of GBX 500.28.

Insider Transactions at Fidelity Asian Values

In other Fidelity Asian Values news, insider Lucy Costa Duarte purchased 3,800 shares of the stock in a transaction on Monday, October 14th. The shares were bought at an average price of GBX 523 ($6.39) per share, for a total transaction of £19,874 ($24,266.18). Company insiders own 1.68% of the company’s stock.

Fidelity Asian Values Company Profile

Fidelity Asian Values plc is a closed-ended equity mutual fund launched and managed by FIL Investment Services (UK) Limited. The fund is co-managed by FIL Investments International and FIL Investment Management (Hong Kong) Limited. It invests in the public equity markets of Asia, excluding Japan. The fund invests in stocks of companies across all market capitalizations.