Fidelity European Trust (LON:FEV) Reaches New 1-Year High at $361.00

Shares of Fidelity European Trust PLC (LON:FEVGet Rating) hit a new 52-week high on Friday . The company traded as high as GBX 361 ($4.52) and last traded at GBX 360.43 ($4.52), with a volume of 257172 shares trading hands. The stock had previously closed at GBX 357 ($4.47).

Fidelity European Trust Price Performance

The business has a 50 day simple moving average of GBX 344.55 and a 200 day simple moving average of GBX 334.21. The stock has a market cap of £1.47 billion, a PE ratio of -2,564.29 and a beta of 0.78.

Fidelity European Trust Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, May 16th. Shareholders of record on Thursday, March 30th were paid a GBX 4.62 ($0.06) dividend. The ex-dividend date of this dividend was Thursday, March 30th. This represents a yield of 1.42%. This is an increase from Fidelity European Trust’s previous dividend of $3.08. Fidelity European Trust’s payout ratio is -5,714.29%.

Fidelity European Trust Company Profile

(Get Rating)

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.

Further Reading

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