Fidelity European Trust (LON:FEV) Hits New 52-Week High – Should You Buy?

Shares of Fidelity European Trust (LON:FEVGet Free Report) reached a new 52-week high during trading on Friday . The stock traded as high as GBX 442 and last traded at GBX 442, with a volume of 674524 shares changing hands. The stock had previously closed at GBX 441.

Fidelity European Trust Stock Performance

The company has a current ratio of 37.14, a quick ratio of 5.81 and a debt-to-equity ratio of 1.38. The firm has a market capitalization of £2.19 billion, a PE ratio of 7.06 and a beta of 1.21. The stock’s 50 day moving average price is GBX 425.37 and its two-hundred day moving average price is GBX 416.73.

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. 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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