Fidelity European Trust (LON:FEV – Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as GBX 436 and last traded at GBX 435.50, with a volume of 2364881 shares. The stock had previously closed at GBX 433.50.
Fidelity European Trust Trading Down 0.4%
The firm has a market capitalization of £2.21 billion, a price-to-earnings ratio of 45.51 and a beta of 0.80. The firm has a fifty day moving average price of GBX 422.58 and a 200 day moving average price of GBX 415.20.
About Fidelity European Trust
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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