Fidelity European Trust (LON:FEV) Share Price Passes Above Fifty Day Moving Average of $385.11

Fidelity European Trust (LON:FEVGet Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 385.11 ($4.84) and traded as high as GBX 390 ($4.90). Fidelity European Trust shares last traded at GBX 389 ($4.89), with a volume of 511,084 shares.

Fidelity European Trust Stock Performance

The firm has a market capitalization of £1.59 billion, a P/E ratio of 670.69 and a beta of 0.80. The business has a 50 day simple moving average of GBX 385.11 and a two-hundred day simple moving average of GBX 359.32.

Fidelity European Trust Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 14th. Shareholders of record on Thursday, March 28th will be paid a GBX 4.99 ($0.06) dividend. This is a positive change from Fidelity European Trust’s previous dividend of $3.26. This represents a yield of 1.3%. The ex-dividend date is Thursday, March 28th. Fidelity European Trust’s dividend payout ratio is currently 1,379.31%.

About Fidelity European Trust

(Get Free Report)

Fidelity European Trust PLC is an open-ended equity fund launched and managed by FIL Investment Services (UK) Limited. It is co-managed by FIL Investments International Limited. The fund invests in the public equity markets of Continental Europe. It makes its investments in stocks of companies operating across diversified sectors.

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