Fidelity European Trust (LON:FEV – Get Free Report) posted its quarterly earnings results on Tuesday. The company reported GBX 9.17 earnings per share for the quarter, Digital Look Earnings reports. Fidelity European Trust had a return on equity of 13.99% and a net margin of 93.61%.
Fidelity European Trust Price Performance
Fidelity European Trust stock opened at GBX 432.10 on Wednesday. The company has a market cap of £2.12 billion, a P/E ratio of 6.88 and a beta of 1.18. Fidelity European Trust has a one year low of GBX 329.50 and a one year high of GBX 447.50. The business has a fifty day moving average of GBX 432.37 and a two-hundred day moving average of GBX 418.08. The company has a debt-to-equity ratio of 1.38, a quick ratio of 5.81 and a current ratio of 37.14.
Fidelity European Trust Company Profile
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. It follows a consistent bottom-up approach, seeking to identify companies able to grow dividends over a three to five-year horizon.
Viewed as a whole, the European Union is the world’s second largest economy and home to some of the strongest, most stable and resilient companies.
Further Reading
- Five stocks we like better than Fidelity European Trust
- Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
- Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock
- Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
Receive News & Ratings for Fidelity European Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity European Trust and related companies with MarketBeat.com's FREE daily email newsletter.
