Fidelity European Trust (LON:FEV) Stock Crosses Above 50 Day Moving Average of $393.74

Fidelity European Trust (LON:FEVGet Free Report)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 393.74 ($5.03) and traded as high as GBX 404.50 ($5.17). Fidelity European Trust shares last traded at GBX 395.50 ($5.05), with a volume of 763,109 shares trading hands.

Fidelity European Trust Trading Up 0.5 %

The company has a fifty day moving average of GBX 393.74 and a 200-day moving average of GBX 369.72. The company has a market capitalization of £1.62 billion, a price-to-earnings ratio of 681.90 and a beta of 0.80.

Fidelity European Trust Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, May 14th. Investors of record on Thursday, March 28th were given a dividend of GBX 4.99 ($0.06) per share. This represents a dividend yield of 1.3%. This is a boost from Fidelity European Trust’s previous dividend of $3.26. The ex-dividend date was Thursday, March 28th. Fidelity European Trust’s payout ratio is presently 1,379.31%.

About Fidelity European Trust

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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.

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