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Fidelity European Trust (LON:FEV) Stock Price Crosses Below Fifty Day Moving Average - Time to Sell?

Fidelity European Trust logo with Financial Services background

Key Points

  • Fidelity European Trust stock has crossed below its 50-day moving average of GBX 403.22, with recent trading at GBX 397.31.
  • Currently, the stock is down 0.3% and has a market capitalization of £1.63 billion with a PE ratio of 7.88.
  • The Trust primarily invests in continental European equities, with up to 20% of its assets allocated to companies outside Europe.
  • Need better tools to track Fidelity European Trust? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Fidelity European Trust (LON:FEV - Get Free Report) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 403.22 ($5.43) and traded as low as GBX 396.12 ($5.33). Fidelity European Trust shares last traded at GBX 397.31 ($5.35), with a volume of 532,945 shares.

Fidelity European Trust Stock Performance

The company's 50-day simple moving average is GBX 402.84 and its 200 day simple moving average is GBX 395.64. The company has a market cap of £1.67 billion, a PE ratio of 8.05 and a beta of 0.80.

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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