Fidelity European Trust (LON:FEV – Get Free Report) posted 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 net margin of 93.61% and a return on equity of 13.99%.
Fidelity European Trust Stock Performance
Shares of LON:FEV traded down GBX 1 during trading on Tuesday, hitting GBX 435. 1,766,098 shares of the company were exchanged, compared to its average volume of 1,083,644. Fidelity European Trust has a 52-week low of GBX 329.50 and a 52-week high of GBX 447.50. The stock has a 50 day moving average of GBX 432.30 and a 200 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 company has a market cap of £2.13 billion, a PE 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.
Recommended Stories
- 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.
