Fidelity China Special (LON:FCSS – Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday. The company traded as low as GBX 228.50 and last traded at GBX 232, with a volume of 555,984 shares traded. The stock had previously closed at GBX 232.50.
Fidelity China Special Stock Down 3.0%
The stock has a market cap of £999.33 million, a P/E ratio of 7.41 and a beta of 0.90. The stock has a fifty day simple moving average of GBX 251.16 and a 200-day simple moving average of GBX 266.60.
Fidelity China Special Company Profile
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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