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Fidelity China Special (LON:FCSS) Shares Cross Above 50-Day Moving Average - Should You Sell?

Fidelity China Special logo with Financial Services background

Fidelity China Special (LON:FCSS - Get Free Report)'s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 215.81 ($2.64) and traded as high as GBX 218 ($2.66). Fidelity China Special shares last traded at GBX 215.50 ($2.63), with a volume of 1,684,812 shares traded.

Fidelity China Special Price Performance

The firm's 50-day moving average price is GBX 215.81 and its 200-day moving average price is GBX 203.26. The company has a market cap of £1.00 billion and a price-to-earnings ratio of 4,220.00.

About Fidelity China Special

(Get Free Report)

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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