Fidelity European Trust (LON:FEV) Stock Passes Below 50-Day Moving Average of $331.70

Fidelity European Trust (LON:FEV) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 331.70 ($4.09) and traded as low as GBX 327 ($4.04). Fidelity European Trust shares last traded at GBX 330 ($4.07), with a volume of 286,720 shares.

Fidelity European Trust Price Performance

The company has a market capitalization of £1.35 billion, a P/E ratio of 500.00 and a beta of 0.78. The firm has a fifty day moving average price of GBX 331.70 and a 200-day moving average price of GBX 343.20.

Insider Activity

In related news, insider Milyae Park bought 10,000 shares of the company’s stock in a transaction on Monday, August 21st. The shares were purchased at an average cost of GBX 341 ($4.21) per share, for a total transaction of £34,100 ($42,093.57). In other Fidelity European Trust news, insider Milyae Park bought 10,000 shares of Fidelity European Trust stock in a transaction dated Monday, August 21st. The stock was purchased at an average price of GBX 341 ($4.21) per share, for a total transaction of £34,100 ($42,093.57). Also, insider Ivan Rogers purchased 4,569 shares of the stock in a transaction dated Friday, October 6th. The stock was acquired at an average cost of GBX 326 ($4.02) per share, for a total transaction of £14,894.94 ($18,386.54). Insiders own 0.91% of the company’s stock.

Fidelity European Trust Company Profile

Fidelity European Trust PLC is an open-ended equity fund launched and managed by FIL Investment Services (UK) Limited. It is co-managed by FIL Investments International Limited. The fund invests in the public equity markets of Continental Europe. It makes its investments in stocks of companies operating across diversified sectors.