Fidelity European Trust (LON:FEV – Get Free Report) posted its quarterly earnings results on Tuesday. The company reported GBX 9.17 EPS 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
LON FEV traded down GBX 1 during trading hours on Tuesday, reaching GBX 435. The company’s stock had a trading volume of 1,766,098 shares, compared to its average volume of 1,083,644. The firm’s 50-day moving average price is GBX 432.30 and its 200-day moving average price is GBX 418.09. The company has a quick ratio of 5.81, a current ratio of 37.14 and a debt-to-equity ratio of 1.38. Fidelity European Trust has a 1 year low of GBX 329.50 and a 1 year high of GBX 447.50. The company has a market capitalization of £2.13 billion, a price-to-earnings ratio of 6.93 and a beta of 1.18.
Fidelity European Trust Company Profile
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.
Featured Articles
- Five stocks we like better than Fidelity European Trust
- Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
- Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock
- Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
Receive News & Ratings for Fidelity European Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity European Trust and related companies with MarketBeat.com's FREE daily email newsletter.
