Fidelity Asian Values (LON:FAS) Share Price Passes Above 50-Day Moving Average - Should You Sell?

Fidelity Asian Values (LON:FAS - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 499.18 ($6.47) and traded as high as GBX 514 ($6.67). Fidelity Asian Values shares last traded at GBX 508 ($6.59), with a volume of 78,440 shares changing hands.

Fidelity Asian Values Stock Performance

The firm's fifty day simple moving average is GBX 499.53 and its 200 day simple moving average is GBX 507.22. The stock has a market capitalization of £362.20 million, a P/E ratio of -6,375.00 and a beta of 0.56.

Fidelity Asian Values Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, December 6th. Investors of record on Thursday, November 7th will be paid a GBX 14.50 ($0.19) dividend. This represents a yield of 2.8%. The ex-dividend date is Thursday, November 7th. Fidelity Asian Values's dividend payout ratio (DPR) is presently -18,750.00%.

Insider Activity

In related news, insider Lucy Costa Duarte bought 3,800 shares of the firm's stock in a transaction on Monday, October 14th. The shares were purchased at an average price of GBX 523 ($6.78) per share, with a total value of £19,874 ($25,773.57). In other news, insider Lucy Costa Duarte bought 3,800 shares of the company's stock in a transaction on Monday, October 14th. The stock was purchased at an average cost of GBX 523 ($6.78) per share, for a total transaction of £19,874 ($25,773.57). Also, insider Clare Brady purchased 2,484 shares of Fidelity Asian Values stock in a transaction dated Tuesday, August 6th. The shares were purchased at an average price of GBX 483 ($6.26) per share, for a total transaction of £11,997.72 ($15,559.23). 1.68% of the stock is currently owned by corporate insiders.

Fidelity Asian Values Company Profile

Fidelity Asian Values plc is a closed-ended equity mutual fund launched and managed by FIL Investment Services (UK) Limited. The fund is co-managed by FIL Investments International and FIL Investment Management (Hong Kong) Limited. It invests in the public equity markets of Asia, excluding Japan. The fund invests in stocks of companies across all market capitalizations.