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Fidelity European Trust (LON:FEV) Stock Price Crosses Above 50 Day Moving Average - Here's What Happened

Fidelity European Trust logo with Financial Services background

Fidelity European Trust (LON:FEV - Get Free Report)'s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 353.71 ($4.32) and traded as high as GBX 359 ($4.38). Fidelity European Trust shares last traded at GBX 358.12 ($4.37), with a volume of 910,606 shares changing hands.

Fidelity European Trust Trading Down 0.6 %

The stock has a market cap of £1.46 billion, a price-to-earnings ratio of 614.66 and a beta of 0.80. The stock's 50 day moving average is GBX 353.72 and its two-hundred day moving average is GBX 374.55.

Insider Buying and Selling

In other news, insider Ivan Rogers acquired 4,180 shares of the business's stock in a transaction on Thursday, October 17th. The stock was bought at an average price of GBX 366 ($4.47) per share, for a total transaction of £15,298.80 ($18,679.85). 0.77% of the stock is owned by company insiders.

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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