Fidelity European Trust (LON:FEV) Insider Acquires £15,360 in Stock

Fidelity European Trust (LON:FEV) insider Milyae Park bought 4,000 shares of the firm’s stock in a transaction on Tuesday, March 24th. The shares were bought at an average price of GBX 384 per share, for a total transaction of £15,360.

Fidelity European Trust Trading Up 0.1%

Shares of LON:FEV traded up GBX 0.40 on Tuesday, reaching GBX 384.40. 1,902,873 shares of the company were exchanged, compared to its average volume of 849,120. The company has a 50-day moving average of GBX 422.50 and a 200-day moving average of GBX 419.54. The firm has a market cap of £1.97 billion, a price-to-earnings ratio of 40.51 and a beta of 1.14. Fidelity European Trust has a 1-year low of GBX 326 and a 1-year high of GBX 442.

Fidelity European Trust (LON:FEV) last announced its quarterly earnings data on Wednesday, March 18th. The company reported GBX 11.30 EPS for the quarter. Fidelity European Trust had a net margin of 93.61% and a return on equity of 13.99%. As a group, analysts forecast that Fidelity European Trust will post 62.9906542 earnings per share for the current year.

About Fidelity European Trust

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. 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.