Fidelity European Trust (LON:FEV - Get Free Report)'s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 384.83 ($5.13) and traded as high as GBX 387 ($5.16). Fidelity European Trust shares last traded at GBX 387 ($5.16), with a volume of 571,535 shares.
Fidelity European Trust Trading Up 1.3 %
The company has a market capitalization of £1.62 billion, a P/E ratio of 7.81 and a beta of 0.80. The company has a 50 day moving average price of GBX 384.58 and a 200 day moving average price of GBX 371.33.
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) EPS for the quarter. Fidelity European Trust had a return on equity of 12.65% and a net margin of 93.84%. As a group, sell-side analysts forecast that Fidelity European Trust will post 62.9906542 EPS for the current fiscal year.
Fidelity European Trust Increases Dividend
The company also recently announced a dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Thursday, March 27th will be paid a GBX 5.50 ($0.07) dividend. The ex-dividend date is Thursday, March 27th. This is a positive change from Fidelity European Trust's previous dividend of $3.60. This represents a dividend yield of 1.36%. Fidelity European Trust's payout ratio is presently 15.86%.
Insiders Place Their Bets
In other news, insider Milyae Park purchased 2,300 shares of the company's stock in a transaction that occurred on Thursday, April 10th. The shares were bought at an average cost of GBX 361 ($4.81) per share, for a total transaction of £8,303 ($11,063.29). 0.77% of the stock is owned by corporate insiders.
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.
Recommended Stories
Before you consider Fidelity European Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fidelity European Trust wasn't on the list.
While Fidelity European Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
