Fidelity European Trust (LON:FEV) Stock Crosses Above Fifty Day Moving Average – Here’s Why

Fidelity European Trust (LON:FEV)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 386.91 ($5.03) and traded as high as GBX 406.50 ($5.29). Fidelity European Trust shares last traded at GBX 406.50 ($5.29), with a volume of 913,459 shares trading hands.

Fidelity European Trust Stock Performance

The firm has a market cap of £1.67 billion, a P/E ratio of 8.06 and a beta of 0.80. The company’s 50 day moving average is GBX 386.91 and its 200 day moving average is GBX 372.39.

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.