Fidelity European Trust (LON:FEV) Announces Earnings Results

Fidelity European Trust (LON:FEVGet Free Report) announced its quarterly earnings data on Tuesday. The company reported GBX 9.17 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Fidelity European Trust had a net margin of 91.36% and a return on equity of 11.35%.

Fidelity European Trust Stock Down 0.6%

Fidelity European Trust stock traded down GBX 2.36 during trading hours on Thursday, hitting GBX 424.14. The stock had a trading volume of 944,026 shares, compared to its average volume of 1,074,365. The business’s 50 day simple moving average is GBX 432.28 and its 200-day simple moving average is GBX 418.01. Fidelity European Trust has a one year low of GBX 329.50 and a one year high of GBX 447.50. The stock has a market cap of £2.08 billion, a price-to-earnings ratio of 6.75 and a beta of 1.18.

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.

Featured Stories

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.