Fidelity European Trust (LON:FEV) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Fidelity European Trust (LON:FEVGet Free Report)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 372.60 ($4.64) and traded as high as GBX 378.50 ($4.71). Fidelity European Trust shares last traded at GBX 378 ($4.70), with a volume of 5,179,590 shares changing hands.

Fidelity European Trust Trading Up 0.3 %

The business’s fifty day moving average price is GBX 357.53 and its 200 day moving average price is GBX 372.60. The company has a market capitalization of £1.55 billion, a P/E ratio of 651.83 and a beta of 0.80.

Fidelity European Trust Company Profile

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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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