Fidelity Japan Trust (LON:FJV) Share Price Crosses Above 50-Day Moving Average – Should You Sell?

Fidelity Japan Trust (LON:FJV) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 161.02 ($2.03) and traded as high as GBX 171 ($2.16). Fidelity Japan Trust shares last traded at GBX 170 ($2.15), with a volume of 104,572 shares.

Fidelity Japan Trust Trading Down 0.6 %

The company has a quick ratio of 0.59, a current ratio of 1.42 and a debt-to-equity ratio of 0.00. The company’s 50-day moving average is GBX 161.02 and its 200 day moving average is GBX 166.28. The company has a market cap of £199.65 million, a price-to-earnings ratio of 3,400.00 and a beta of 0.70.

Insider Activity

In other Fidelity Japan Trust news, insider Sarah MacAulay bought 35,000 shares of the firm’s stock in a transaction dated Monday, September 30th. The shares were purchased at an average price of GBX 168 ($2.12) per share, for a total transaction of £58,800 ($74,214.31). Insiders own 0.92% of the company’s stock.

Fidelity Japan Trust Company Profile

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.