Fidelity European Trust (LON:FEV) Share Price Crosses Above 50 Day Moving Average – Here’s What Happened

Fidelity European Trust (LON:FEVGet Free Report) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 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 Stock Performance

The firm has a market cap of £1.46 billion, a P/E ratio of 614.66 and a beta of 0.80. The firm’s fifty day moving average price is GBX 353.72 and its 200 day moving average price is GBX 374.55.

Insiders Place Their Bets

In other news, insider Ivan Rogers bought 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 ($4.47) per share, for a total transaction of £15,298.80 ($18,679.85). 0.77% of the stock is owned by 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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