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

Fidelity European Trust (LON:FEVGet Free Report)’s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 368.93 ($4.67) and traded as low as GBX 348 ($4.40). Fidelity European Trust shares last traded at GBX 348 ($4.40), with a volume of 586,469 shares changing hands.

Fidelity European Trust Trading Up 0.2 %

The firm’s fifty day moving average price is GBX 368.93 and its 200 day moving average price is GBX 386.14. The firm has a market capitalization of £1.42 billion, a PE ratio of 600.00 and a beta of 0.80.

Insider Buying and Selling

In other Fidelity European Trust news, insider Ivan Rogers acquired 4,180 shares of the firm’s stock in a transaction that occurred on Thursday, October 17th. The stock was purchased at an average cost of GBX 366 ($4.63) per share, for a total transaction of £15,298.80 ($19,358.22). 0.77% of the stock is currently owned by corporate insiders.

About Fidelity European Trust

(Get Free Report)

Fidelity European Trust PLC is an open-ended equity fund launched and managed by FIL Investment Services (UK) Limited. It is co-managed by FIL Investments International Limited. The fund invests in the public equity markets of Continental Europe. It makes its investments in stocks of companies operating across diversified sectors.

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