Fidelity European Trust (LON:FEV) Shares Cross Below 50 Day Moving Average – Here’s What Happened

Fidelity European Trust (LON:FEVGet Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 420.92 and traded as low as GBX 414.50. Fidelity European Trust shares last traded at GBX 414.50, with a volume of 211,644 shares trading hands.

Fidelity European Trust Stock Down 0.4%

The stock has a market capitalization of £2.12 billion, a PE ratio of 43.68 and a beta of 0.80. The company’s fifty day moving average price is GBX 420.92 and its 200-day moving average price is GBX 411.26.

About Fidelity European Trust

(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.

Featured Articles

Receive News & Ratings for Fidelity European Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity European Trust and related companies with MarketBeat.com's FREE daily email newsletter.