Fidelity European Trust (LON:FEV) Share Price Passes Above 50-Day Moving Average – Time to Sell?

Fidelity European Trust (LON:FEVGet Free Report)’s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 353.71 ($4.35) and traded as high as GBX 359 ($4.42). Fidelity European Trust shares last traded at GBX 358.12 ($4.41), with a volume of 910,606 shares trading hands.

Fidelity European Trust Price Performance

The stock’s 50 day moving average price is GBX 353.71 and its two-hundred day moving average price is GBX 374.82. The firm has a market capitalization of £1.47 billion, a price-to-earnings ratio of 619.72 and a beta of 0.80.

Insider Buying and Selling at Fidelity European Trust

In related news, insider Ivan Rogers acquired 4,180 shares of the business’s stock in a transaction dated Thursday, October 17th. The stock was acquired at an average price of GBX 366 ($4.50) per share, with a total value of £15,298.80 ($18,824.66). Corporate insiders own 0.77% of the company’s stock.

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.

Further Reading

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