Fidelity European Trust (LON:FEV – Get Free Report) announced its earnings results on Tuesday. The company reported GBX 9.17 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Fidelity European Trust had a return on equity of 13.99% and a net margin of 93.61%.
Fidelity European Trust Trading Down 2.1%
Shares of LON FEV opened at GBX 425.73 on Wednesday. Fidelity European Trust has a 1-year low of GBX 329.50 and a 1-year high of GBX 447.50. The business has a fifty day moving average price of GBX 432.37 and a 200 day moving average price of GBX 418.08. The stock has a market capitalization of £2.09 billion, a P/E ratio of 6.78 and a beta of 1.18. The company has a debt-to-equity ratio of 1.38, a current ratio of 37.14 and a quick ratio of 5.81.
Fidelity European Trust Company Profile
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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