Fidelity European Trust (LON:FEV – Get Free Report) posted its earnings results on Wednesday. The company reported GBX 11.30 EPS for the quarter, Digital Look Earnings reports. Fidelity European Trust had a return on equity of 2.38% and a net margin of 61.60%.
Fidelity European Trust Stock Performance
Shares of LON:FEV traded down GBX 0.40 on Wednesday, hitting GBX 401.10. 784,485 shares of the company’s stock were exchanged, compared to its average volume of 822,760. Fidelity European Trust has a 1-year low of GBX 326 and a 1-year high of GBX 442. The company has a market capitalization of £2.05 billion, a PE ratio of 42.27 and a beta of 1.14. The firm’s 50-day moving average is GBX 425.48 and its 200 day moving average is GBX 419.87.
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.
Featured Articles
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.
