Fidelity China Special (LON:FCSS - Get Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 215.87 ($2.63) and traded as high as GBX 223.39 ($2.72). Fidelity China Special shares last traded at GBX 223 ($2.71), with a volume of 1,331,396 shares changing hands.
Fidelity China Special Stock Performance
The company has a 50 day simple moving average of GBX 215.87 and a 200 day simple moving average of GBX 203.68. The company has a market capitalization of £1.06 billion and a PE ratio of 4,460.00.
About Fidelity China Special
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As the world's second-largest economy, China is shifting from export-led growth towards an economy driven by domestic consumption. With expanding middle classes, rising incomes and technological innovations driving this change and creating a solid backdrop for companies to thrive, investors seeking an effective globally diversified portfolio may want to consider allocating some of their portfolio to China.
Fidelity China Special Situations PLC provides focused exposure to companies benefiting from this growth opportunity.
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