Fidelity European Trust (LON:FEV) Posts Quarterly Earnings Results

Fidelity European Trust (LON:FEVGet Free Report) posted its quarterly earnings data on Tuesday. The company reported GBX 9.17 earnings per share for the quarter, Digital Look Earnings reports. Fidelity European Trust had a return on equity of 13.99% and a net margin of 93.61%.

Fidelity European Trust Trading Down 0.4%

Fidelity European Trust stock opened at GBX 434.35 on Tuesday. Fidelity European Trust has a 12-month low of GBX 329.50 and a 12-month high of GBX 447.50. The firm has a market capitalization of £2.13 billion, a price-to-earnings ratio of 6.92 and a beta of 1.18. The firm has a 50 day moving average of GBX 432.30 and a 200 day moving average of GBX 418.09. The company has a current ratio of 37.14, a quick ratio of 5.81 and a debt-to-equity ratio of 1.38.

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. 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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