Fundsmith Emerging Equities Trust plc (LON:FEET – Get Free Report)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 1,240 ($15.74) and traded as high as GBX 1,260 ($15.99). Fundsmith Emerging Equities Trust shares last traded at GBX 1,240 ($15.74), with a volume of 628,265 shares trading hands.
Fundsmith Emerging Equities Trust Stock Performance
The business has a 50 day simple moving average of GBX 1,240 and a 200-day simple moving average of GBX 1,240. The firm has a market capitalization of £325.97 million and a price-to-earnings ratio of 2,296.30.
About Fundsmith Emerging Equities Trust
Fundsmith Emerging Equities Trust plc is a closed ended equity mutual fund launched by Investec Bank Plc. The fund is managed by Fundsmith, LLP. It invests in public equity markets of emerging and developing market countries across the globe. The fund seeks to invest in stocks of companies that are operating across diversified sectors.
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