Fidelity European Trust (LON:FEV) Shares Up 0.1% – What’s Next?

Fidelity European Trust (LON:FEV)’s stock price shot up 0.1% on Thursday . The company traded as high as GBX 360.50 ($4.55) and last traded at GBX 359.50 ($4.54). 325,507 shares traded hands during trading, a decline of 46% from the average session volume of 600,084 shares. The stock had previously closed at GBX 359 ($4.53).

Fidelity European Trust Price Performance

The firm’s fifty day moving average price is GBX 359.56 and its 200-day moving average price is GBX 380.63. The stock has a market cap of £1.47 billion, a P/E ratio of 619.83 and a beta of 0.80.

Insiders Place Their Bets

In other Fidelity European Trust news, insider Ivan Rogers bought 4,180 shares of the firm’s stock in a transaction that occurred on Thursday, October 17th. The stock was bought at an average price of GBX 366 ($4.62) per share, for a total transaction of £15,298.80 ($19,309.35). Insiders own 0.77% of the company’s stock.

About Fidelity European Trust

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.