Fidelity European Trust (LON:FEV) Stock Passes Above Fifty Day Moving Average of $395.04

Fidelity European Trust (LON:FEVGet Free Report)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 395.04 ($5.06) and traded as high as GBX 406.50 ($5.21). Fidelity European Trust shares last traded at GBX 405.50 ($5.20), with a volume of 570,225 shares changing hands.

Fidelity European Trust Stock Performance

The stock’s 50-day simple moving average is GBX 395.53 and its 200 day simple moving average is GBX 373.30. The company has a market capitalization of £1.65 billion, a PE ratio of 696.55 and a beta of 0.80.

Fidelity European Trust Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, May 14th. Stockholders of record on Thursday, March 28th were issued a GBX 4.99 ($0.06) dividend. This is a boost from Fidelity European Trust’s previous dividend of $3.26. The ex-dividend date of this dividend was Thursday, March 28th. This represents a dividend yield of 1.3%. Fidelity European Trust’s dividend payout ratio is presently 1,379.31%.

Fidelity European Trust Company Profile

(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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