Fidelity Japan Trust (LON:FJV) Share Price Passes Above 50-Day Moving Average – Here’s Why

Fidelity Japan Trust (LON:FJVGet Free Report) shares passed 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 changing hands.

Fidelity Japan Trust Price Performance

The company has a 50-day simple moving average of GBX 161.02 and a 200-day simple moving average of 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. The company has a debt-to-equity ratio of 0.00, a quick ratio of 0.59 and a current ratio of 1.42.

Insiders Place Their Bets

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

About Fidelity Japan Trust

(Get Free Report)

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.

Further Reading

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