Fidelity European Trust (LON:FEV – Get Free Report) posted its earnings results on Tuesday. The company reported GBX 9.17 EPS for the quarter, Digital Look Earnings reports. Fidelity European Trust had a net margin of 93.61% and a return on equity of 13.99%.
Fidelity European Trust Stock Down 0.3%
Fidelity European Trust stock traded down GBX 1.32 during mid-day trading on Tuesday, reaching GBX 434.68. 1,128,200 shares of the company were exchanged, compared to its average volume of 1,079,956. The firm has a market cap of £2.13 billion, a P/E ratio of 6.92 and a beta of 1.18. The company has a debt-to-equity ratio of 1.38, a quick ratio of 5.81 and a current ratio of 37.14. The business has a fifty day moving average of GBX 432.30 and a 200 day moving average of GBX 418.09. Fidelity European Trust has a 12-month low of GBX 329.50 and a 12-month high of GBX 447.50.
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.
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