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Fidelity European Trust (LON:FEV) Releases Quarterly Earnings Results

Fidelity European Trust logo with Financial Services background

Key Points

  • Fidelity European Trust reported earnings of GBX 8.84 per share for the quarter, with a net margin of 93.84% and a return on equity of 12.65%.
  • The company's shares opened at GBX 405.86, with a market capitalization of £1.65 billion and a PE ratio of 15,431.94.
  • Fidelity European Trust primarily invests in continental European equities, with a limit of up to 20% of gross assets in companies outside Europe.
  • Five stocks to consider instead of Fidelity European Trust.

Fidelity European Trust (LON:FEV - Get Free Report) announced its quarterly earnings results on Friday. The company reported GBX 8.84 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Fidelity European Trust had a return on equity of 12.65% and a net margin of 93.84%.

Fidelity European Trust Price Performance

FEV remained flat at GBX 404.50 on Friday. The company had a trading volume of 3,404,604 shares, compared to its average volume of 837,694. The business has a fifty day simple moving average of GBX 403.33 and a 200 day simple moving average of GBX 397.01. The company has a market capitalization of £1.64 billion, a P/E ratio of 15,380.23 and a beta of 0.80. Fidelity European Trust has a 52-week low of GBX 326 and a 52-week high of GBX 416.40.

About Fidelity European Trust

(Get Free Report)

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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