Fidelity European Trust (LON:FEV) Issues Quarterly Earnings Results

Fidelity European Trust (LON:FEVGet Free Report) posted its quarterly 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 net margin of 93.61% and a return on equity of 13.99%.

Fidelity European Trust Trading Down 2.1%

FEV stock opened at GBX 425.70 on Wednesday. Fidelity European Trust has a 1-year low of GBX 329.50 and a 1-year high of GBX 447.50. The firm has a market cap of £2.09 billion, a P/E ratio of 6.78 and a beta of 1.18. The business’s 50 day moving average is GBX 432.37 and its 200-day moving average is GBX 418.08. The company has a current ratio of 37.14, a quick ratio of 5.81 and a debt-to-equity ratio of 1.38.

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.

Read More

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.