Fidelity China Special (LON:FCSS) Shares Pass Above Two Hundred Day Moving Average - Should You Sell?

Shares of Fidelity China Special (LON:FCSS - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 204.68 ($2.54) and traded as high as GBX 227 ($2.82). Fidelity China Special shares last traded at GBX 227 ($2.82), with a volume of 849,749 shares traded.

Fidelity China Special Stock Performance

The stock has a market capitalization of £1.11 billion and a PE ratio of 4,670.00. The company's fifty day simple moving average is GBX 218.31 and its two-hundred day simple moving average is GBX 205.39.

Fidelity China Special (LON:FCSS - Get Free Report) last issued its quarterly earnings results on Monday, December 9th. The company reported GBX 9.05 ($0.11) earnings per share (EPS) for the quarter. Sell-side analysts forecast that Fidelity China Special will post 33.5074627 EPS for the current fiscal year.

About Fidelity China Special

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.