Fidelity European Trust (LON:FEV) Stock: Insider Ivan Rogers Acquires 1,400 Shares

Key Points

• Insider purchase: Ivan Rogers acquired 1,400 Fidelity European Trust shares at GBX 414 each, for a total investment of £5,796.
• Stock performance: Shares fell 0.2% to GBX 414 during Tuesday trading, with a market capitalization of approximately £2.00 billion.
• Investment focus and results: The trust primarily invests in continental European equities using a bottom-up, dividend-growth strategy. It reported quarterly earnings of GBX 9.17 per share, while analysts expect full-year earnings of GBX 62.99 per share.

Fidelity European Trust (LON:FEV - Get Free Report) insider Ivan Rogers bought 1,400 shares of Fidelity European Trust stock in a transaction dated Tuesday, November 3rd. The stock was acquired at an average cost of GBX 414 per share, for a total transaction of £5,796.

Fidelity European Trust Trading Down 0.2%

Shares of LON:FEV traded down GBX 1 during trading on Tuesday, hitting GBX 414. 1,223,602 shares of the company's stock were exchanged, compared to its average volume of 1,116,000. The company has a current ratio of 7.70, a quick ratio of 5.81 and a debt-to-equity ratio of 1.34. The firm has a market cap of £2.00 billion, a P/E ratio of 7.98 and a beta of 1.17. The firm has a 50-day moving average price of GBX 421.23 and a two-hundred day moving average price of GBX 419.30. Fidelity European Trust has a 1-year low of GBX 329.50 and a 1-year high of GBX 447.50.

Fidelity European Trust (LON:FEV - Get Free Report) last announced its quarterly earnings data on Tuesday, September 8th. The company reported GBX 9.17 earnings per share for the quarter. Fidelity European Trust had a net margin of 91.36% and a return on equity of 11.35%. Equities analysts predict that Fidelity European Trust will post 62.99 earnings per share for the current year.

About Fidelity European Trust

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. It follows a consistent bottom-up approach, seeking to identify companies able to grow dividends over a three to five-year horizon. Viewed as a whole, the European Union is the world's second largest economy and home to some of the strongest, most stable and resilient companies.

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