Fidelity European Trust (LON:FEV) Share Price Crosses Above 50 Day Moving Average – Here’s What Happened

Fidelity European Trust (LON:FEVGet Free Report)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 415.08 and traded as high as GBX 423. Fidelity European Trust shares last traded at GBX 415, with a volume of 1,349,974 shares changing hands.

Fidelity European Trust Price Performance

The stock’s 50-day simple moving average is GBX 415.08 and its two-hundred day simple moving average is GBX 406.63. The firm has a market capitalization of £2.12 billion, a P/E ratio of 43.73 and a beta of 0.80.

Fidelity European Trust (LON:FEVGet Free Report) last released its earnings results on Friday, September 5th. The company reported GBX 8.84 earnings per share for the quarter. Fidelity European Trust had a net margin of 93.84% and a return on equity of 12.65%. On average, analysts forecast that Fidelity European Trust will post 62.9906542 earnings per share for the current fiscal year.

Fidelity European Trust Company Profile

(Get Free Report)

Fidelity European Trust PLC aims to be the cornerstone long-term investment of choice for those seeking European exposure across market cycles.

The Trust invests predominantly in continental European equities (and their related securities) and up to 20% of gross assets may be invested in companies outside of the continent.

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