Fidelity European Trust (LON:FEV) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Fidelity European Trust (LON:FEVGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 415.08 and traded as high as GBX 423. Fidelity European Trust shares last traded at GBX 415, with a volume of 1,349,974 shares changing hands.

Fidelity European Trust Stock Down 1.2%

The stock has a 50 day simple moving average of GBX 415.08 and a 200 day simple moving average of GBX 406.86. The company has a market cap of £2.12 billion, a price-to-earnings ratio of 43.73 and a beta of 0.80.

Fidelity European Trust (LON:FEVGet Free Report) last released its quarterly earnings results on Friday, September 5th. The company reported GBX 8.84 earnings per share (EPS) for the quarter. Fidelity European Trust had a net margin of 93.84% and a return on equity of 12.65%. 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

(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.

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