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Fidelity European Trust (LON:FEV) Share Price Crosses Below 50 Day Moving Average - Should You Sell?

Fidelity European Trust logo with Financial Services background

Shares of Fidelity European Trust (LON:FEV - Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 405.75 ($5.44) and traded as low as GBX 402.70 ($5.40). Fidelity European Trust shares last traded at GBX 404 ($5.42), with a volume of 1,877,480 shares trading hands.

Fidelity European Trust Price Performance

The stock has a market capitalization of £1.65 billion, a P/E ratio of 7.98 and a beta of 0.80. The firm's 50 day moving average price is GBX 405.86 and its 200 day moving average price is GBX 390.88.

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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