Fidelity European Trust (LON:FEV - Get Free Report) reached a new 52-week low during trading on Monday . The company traded as low as GBX 332.55 ($4.35) and last traded at GBX 335.50 ($4.39), with a volume of 2128048 shares. The stock had previously closed at GBX 356.50 ($4.67).
Fidelity European Trust Stock Performance
The company has a 50 day simple moving average of GBX 387.46 and a two-hundred day simple moving average of GBX 371.18. The firm has a market capitalization of £1.50 billion, a P/E ratio of 7.21 and a beta of 0.80.
Fidelity European Trust (LON:FEV - Get Free Report) last issued its earnings results on Thursday, March 20th. The company reported GBX 10.41 ($0.14) earnings per share for the quarter. Fidelity European Trust had a net margin of 93.84% and a return on equity of 12.65%. On average, sell-side analysts expect that Fidelity European Trust will post 62.9906542 EPS for the current fiscal year.
Fidelity European Trust Increases Dividend
The business also recently disclosed a dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Thursday, March 27th will be issued a dividend of GBX 5.50 ($0.07) per share. This represents a dividend yield of 1.36%. The ex-dividend date of this dividend is Thursday, March 27th. This is an increase from Fidelity European Trust's previous dividend of $3.60. Fidelity European Trust's dividend payout ratio is 15.86%.
Insider Transactions at Fidelity European Trust
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 stock was purchased at an average cost of GBX 361 ($4.73) per share, with a total value of £8,303 ($10,867.80). Insiders own 0.77% of the company's stock.
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.
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