Fidelity European Trust (LON:FEV – Get Free Report) released its earnings results on Tuesday. The company reported GBX 9.17 earnings per share for the quarter, Digital Look Earnings reports. Fidelity European Trust had a return on equity of 13.99% and a net margin of 93.61%.
Fidelity European Trust Price Performance
FEV traded down GBX 1 on Tuesday, hitting GBX 435. 1,766,098 shares of the stock were exchanged, compared to its average volume of 1,083,644. Fidelity European Trust has a 12 month low of GBX 329.50 and a 12 month high of GBX 447.50. The business has a 50-day moving average of GBX 432.30 and a two-hundred day moving average of GBX 418.09. The company has a debt-to-equity ratio of 1.38, a current ratio of 37.14 and a quick ratio of 5.81. The firm has a market capitalization of £2.13 billion, a price-to-earnings ratio of 6.93 and a beta of 1.18.
About Fidelity European Trust
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. It follows a consistent bottom-up approach, seeking to identify companies able to grow dividends over a three to five-year horizon.
Viewed as a whole, the European Union is the world’s second largest economy and home to some of the strongest, most stable and resilient companies.
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