Fundsmith Emerging Equities Trust (LON:FEET) Stock Passes Below Fifty Day Moving Average of $1,240.00

Fundsmith Emerging Equities Trust plc (LON:FEETGet Free Report) shares crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 1,240 ($15.44) and traded as low as GBX 1,220 ($15.19). Fundsmith Emerging Equities Trust shares last traded at GBX 1,240 ($15.44), with a volume of 628,264 shares changing hands.

Fundsmith Emerging Equities Trust Stock Performance

The stock has a 50-day moving average price of GBX 1,240 and a two-hundred day moving average price of GBX 1,240. The stock has a market cap of £325.97 million and a price-to-earnings ratio of 2,296.30.

Fundsmith Emerging Equities Trust Company Profile

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Fundsmith Emerging Equities Trust plc is a closed ended equity mutual fund launched by Investec Bank Plc. The fund is managed by Fundsmith, LLP. It invests in public equity markets of emerging and developing market countries across the globe. The fund seeks to invest in stocks of companies that are operating across diversified sectors.

Further Reading

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