Fidelity Asian Values (LON:FAS) Stock Passes Below Fifty Day Moving Average - Time to Sell?

Shares of Fidelity Asian Values (LON:FAS - Get Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 488.78 ($6.50) and traded as low as GBX 470 ($6.25). Fidelity Asian Values shares last traded at GBX 472 ($6.28), with a volume of 48,873 shares traded.

Fidelity Asian Values Stock Up 0.4 %

The business has a fifty day moving average price of GBX 487.98 and a 200-day moving average price of GBX 498.98. The company has a market cap of £331.39 million, a P/E ratio of 29.07 and a beta of 0.56.

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

About Fidelity Asian Values

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.