Fidelity European Trust (LON:FEV) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Fidelity European Trust (LON:FEVGet Free Report)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 353.71 ($4.35) and traded as high as GBX 359 ($4.42). Fidelity European Trust shares last traded at GBX 358.12 ($4.41), with a volume of 910,606 shares trading hands.

Fidelity European Trust Trading Up 0.3 %

The business has a fifty day moving average price of GBX 353.71 and a two-hundred day moving average price of GBX 374.82. The firm has a market capitalization of £1.47 billion, a PE ratio of 619.72 and a beta of 0.80.

Insiders Place Their Bets

In other news, insider Ivan Rogers bought 4,180 shares of the business’s stock in a transaction on Thursday, October 17th. The shares were bought at an average price of GBX 366 ($4.50) per share, with a total value of £15,298.80 ($18,824.66). 0.77% of the stock is currently owned by insiders.

About Fidelity European Trust

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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.

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