Fundsmith Emerging Equities Trust (LON:FEET) Share Price Crosses Below Fifty Day Moving Average of $1,240.00

Fundsmith Emerging Equities Trust plc (LON:FEETGet Free Report) shares crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 1,240 ($15.44) and traded as low as GBX 1,220 ($15.19). Fundsmith Emerging Equities Trust shares last traded at GBX 1,240 ($15.44), with a volume of 628,264 shares.

Fundsmith Emerging Equities Trust Stock Down 1.8 %

The company’s fifty day simple moving average is GBX 1,240 and its 200 day simple moving average is GBX 1,240. The firm has a market capitalization of £325.97 million and a PE ratio of 2,296.30.

Fundsmith Emerging Equities Trust Company Profile

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Fundsmith Emerging Equities Trust plc is a closed ended equity mutual fund launched by Investec Bank Plc. The fund is managed by Fundsmith, LLP. It invests in public equity markets of emerging and developing market countries across the globe. The fund seeks to invest in stocks of companies that are operating across diversified sectors.

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