Fidelity European Trust (LON:FEV) Share Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Fidelity European Trust (LON:FEVGet Free Report)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 370.14 ($4.68) and traded as high as GBX 394 ($4.98). Fidelity European Trust shares last traded at GBX 391.50 ($4.95), with a volume of 787,808 shares traded.

Fidelity European Trust Stock Up 0.3 %

The firm has a market capitalization of £1.61 billion, a PE ratio of 7.76 and a beta of 0.80. The firm’s 50-day simple moving average is GBX 370.14 and its 200-day simple moving average is GBX 371.88.

Fidelity European Trust Company Profile

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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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