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Fidelity European Trust (LON:FEV) Stock Price Passes Below 50-Day Moving Average - Time to Sell?

Fidelity European Trust logo with Financial Services background

Fidelity European Trust (LON:FEV - Get Free Report) shares passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 404.11 ($5.50) and traded as low as GBX 404 ($5.50). Fidelity European Trust shares last traded at GBX 404.50 ($5.51), with a volume of 609,054 shares.

Fidelity European Trust Stock Performance

The firm's 50 day moving average is GBX 404.11 and its two-hundred day moving average is GBX 387.41. The stock has a market capitalization of £1.67 billion, a PE ratio of 8.07 and a beta of 0.80.

Insiders Place Their Bets

In other Fidelity European Trust news, insider Milyae Park bought 2,300 shares of the business's stock in a transaction that occurred on Thursday, April 10th. The shares were purchased at an average cost of GBX 361 ($4.91) per share, with a total value of £8,303 ($11,301.21). 0.77% of the stock is currently owned by 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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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