Fidelity European Trust (LON:FEV) Stock Passes Below 50 Day Moving Average – Time to Sell?

Fidelity European Trust (LON:FEVGet Free Report)’s stock price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 418 and traded as low as GBX 411.50. Fidelity European Trust shares last traded at GBX 414, with a volume of 673,173 shares traded.

Fidelity European Trust Stock Up 0.6%

The company has a market capitalization of £2.13 billion, a PE ratio of 43.89 and a beta of 0.80. The company’s 50 day moving average is GBX 418 and its two-hundred day moving average is GBX 408.96.

Fidelity European Trust (LON:FEVGet Free Report) last announced its quarterly earnings results on Friday, September 5th. The company reported GBX 8.84 EPS for the quarter. Fidelity European Trust had a net margin of 93.84% and a return on equity of 12.65%. Analysts forecast that Fidelity European Trust will post 62.9906542 EPS for the current 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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