Fidelity European Trust (LON:FEV - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 416.40 ($5.64) and last traded at GBX 414.90 ($5.62), with a volume of 344932 shares trading hands. The stock had previously closed at GBX 412 ($5.58).
Fidelity European Trust Trading Up 0.1%
The firm has a fifty day simple moving average of GBX 391.03 and a 200-day simple moving average of GBX 380.94. The stock has a market cap of £1.70 billion, a price-to-earnings ratio of 8.19 and a beta of 0.80.
Fidelity European Trust (LON:FEV - Get Free Report) last posted its quarterly earnings results on Thursday, March 20th. The company reported GBX 10.41 ($0.14) earnings per share for the quarter. Fidelity European Trust had a return on equity of 12.65% and a net margin of 93.84%. On average, equities analysts predict that Fidelity European Trust will post 62.9906542 earnings per share for the current fiscal year.
Fidelity European Trust Increases Dividend
The business also recently declared a dividend, which was paid on Tuesday, May 13th. Shareholders of record on Thursday, March 27th were paid a dividend of GBX 5.50 ($0.07) per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a yield of 1.36%. This is an increase from Fidelity European Trust's previous dividend of $3.60. Fidelity European Trust's payout ratio is 15.86%.
Insider Buying and Selling
In other news, insider Milyae Park acquired 2,300 shares of Fidelity European Trust stock in a transaction that occurred on Thursday, April 10th. The stock was bought at an average price of GBX 361 ($4.89) per share, with a total value of £8,303 ($11,255.25). 0.77% of the stock is currently owned by corporate insiders.
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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