Fidelity European Trust (LON:FEV) Stock Passes Above 50-Day Moving Average – Here’s Why

Fidelity European Trust (LON:FEV) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 354.63 ($4.31) and traded as high as GBX 375.50 ($4.57). Fidelity European Trust shares last traded at GBX 373.50 ($4.54), with a volume of 635,424 shares trading hands.

Fidelity European Trust Stock Up 0.5 %

The stock has a fifty day moving average of GBX 354.63 and a two-hundred day moving average of GBX 373.39. The stock has a market cap of £1.53 billion, a price-to-earnings ratio of 643.97 and a beta of 0.80.

About Fidelity European Trust

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.