Fidelity European Trust (LON:FEV – Get Free Report) shares reached a new 52-week high on Thursday . The company traded as high as GBX 435 and last traded at GBX 435, with a volume of 1162623 shares changing hands. The stock had previously closed at GBX 430.50.
Fidelity European Trust Stock Down 0.5%
The company has a market cap of £2.21 billion, a price-to-earnings ratio of 45.52 and a beta of 0.80. The stock has a fifty day moving average price of GBX 420.62 and a two-hundred day moving average price of GBX 413.43.
Fidelity European Trust Company Profile
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. It follows a consistent bottom-up approach, seeking to identify companies able to grow dividends over a three to five-year horizon.
Viewed as a whole, the European Union is the world’s second largest economy and home to some of the strongest, most stable and resilient companies.
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