Fidelity Asian Values (LON:FAS) Stock Price Crosses Above 50 Day Moving Average - Time to Sell?

Fidelity Asian Values (LON:FAS - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 495.10 ($6.38) and traded as high as GBX 502.46 ($6.48). Fidelity Asian Values shares last traded at GBX 502 ($6.47), with a volume of 89,578 shares changing hands.

Fidelity Asian Values Stock Performance

The company's 50 day moving average price is GBX 494.68 and its 200 day moving average price is GBX 501.12. The company has a market cap of £334.18 million, a price-to-earnings ratio of 29.31 and a beta of 0.56.

Fidelity Asian Values (LON:FAS - Get Free Report) last released its quarterly earnings results on Tuesday, March 25th. The company reported GBX 7.88 ($0.10) earnings per share for the quarter. Fidelity Asian Values had a return on equity of 3.04% and a net margin of 50.86%. As a group, analysts predict that Fidelity Asian Values will post 102.734375 EPS for the current year.

Fidelity Asian Values Company Profile

Fidelity Asian Values PLC provides shareholders with a differentiated equity exposure to Asian Markets. Asia is the world's fastest-growing economic region and the trust looks to capitalise on this by finding good businesses, run by good people and buying them at a good price. The Trust favours smaller companies as this gives it the opportunity to find mispriced businesses, the "winners of tomorrow", before they become well known. With more than 18,000 listed companies in Asia - which is more than the rest of the world put together - there is a huge opportunity for a fundamental research driven stock picker who can fully utilise Fidelity's extensive locally based analyst team.