Fidelity European Trust (LON:FEV - Get Free Report)'s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 314 ($4.28) and last traded at GBX 412.50 ($5.62), with a volume of 662527 shares changing hands. The stock had previously closed at GBX 412 ($5.61).
Fidelity European Trust Stock Performance
The company has a market cap of £1.70 billion, a P/E ratio of 8.19 and a beta of 0.80. The stock's fifty day moving average price is GBX 391.03 and its two-hundred day moving average price is GBX 380.94.
Fidelity European Trust (LON:FEV - Get Free Report) last released its 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 research analysts forecast that Fidelity European Trust will post 62.9906542 EPS for the current year.
Fidelity European Trust Increases Dividend
The firm also recently disclosed a dividend, which was paid on Tuesday, May 13th. Investors of record on Thursday, March 27th were paid a GBX 5.50 ($0.07) dividend. The ex-dividend date was Thursday, March 27th. This is a positive change from Fidelity European Trust's previous dividend of $3.60. This represents a yield of 1.36%. Fidelity European Trust's dividend payout ratio (DPR) is 15.86%.
Insiders Place Their Bets
In other news, insider Milyae Park purchased 2,300 shares of the company's stock in a transaction dated Thursday, April 10th. The stock was bought at an average cost of GBX 361 ($4.91) per share, for a total transaction of £8,303 ($11,304.29). Insiders own 0.77% of the company's stock.
Fidelity European Trust Company Profile
(
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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