Fidelity European Trust (LON:FEV) Hits New 1-Year High – What’s Next?

Fidelity European Trust (LON:FEVGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 445 and last traded at GBX 444, with a volume of 1880654 shares. The stock had previously closed at GBX 443.

Fidelity European Trust Trading Down 0.5%

The stock has a market cap of £2.18 billion, a PE ratio of 7.04 and a beta of 1.19. The company has a quick ratio of 5.81, a current ratio of 37.14 and a debt-to-equity ratio of 1.38. The stock’s fifty day moving average price is GBX 428.45 and its 200 day moving average price is GBX 417.47.

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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