Fidelity European Trust (LON:FEV) Sets New 1-Year High – Should You Buy?

Fidelity European Trust (LON:FEV)’s share price hit a new 52-week high on Tuesday . The company traded as high as GBX 432.50 ($5.77) and last traded at GBX 429.70 ($5.73), with a volume of 12087006 shares changing hands. The stock had previously closed at GBX 430 ($5.73).

Fidelity European Trust Stock Up 0.2%

The stock has a 50 day simple moving average of GBX 411.65 and a 200 day simple moving average of GBX 403.33. The company has a market cap of £2.21 billion, a price-to-earnings ratio of 45.31 and a beta of 0.80.

Fidelity European Trust (LON:FEV) last issued its quarterly earnings data on Friday, September 5th. The company reported GBX 8.84 EPS for the quarter. Fidelity European Trust had a return on equity of 12.65% and a net margin of 93.84%. As a group, equities research analysts expect that Fidelity European Trust will post 62.9906542 EPS for the current fiscal year.

About Fidelity European Trust

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.