Fidelity Japan Trust (LON:FJV) Shares Cross Above 50-Day Moving Average – Should You Sell?

Fidelity Japan Trust (LON:FJV)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 163.35 ($2.02) and traded as high as GBX 175 ($2.17). Fidelity Japan Trust shares last traded at GBX 175 ($2.17), with a volume of 217,442 shares changing hands.

Fidelity Japan Trust Stock Performance

The company has a debt-to-equity ratio of 0.00, a current ratio of 1.42 and a quick ratio of 0.59. The company has a market capitalization of £203.76 million, a P/E ratio of 3,470.00 and a beta of 0.70. The business has a 50-day moving average of GBX 164.24 and a 200-day moving average of GBX 166.15.

About Fidelity Japan Trust

Fidelity Japanese 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. It invests in the public equity markets of Japan. The fund seeks to invest in stocks of companies operating across diversified sectors.