Fundsmith Emerging Equities Trust plc (LON:FEET – Get Free Report)’s share price fell 1.8% on Wednesday . The company traded as low as GBX 1,220 ($15.40) and last traded at GBX 1,240 ($15.65). 628,265 shares were traded during trading, an increase of 1,039% from the average session volume of 55,157 shares. The stock had previously closed at GBX 1,262.50 ($15.93).
Fundsmith Emerging Equities Trust Stock Performance
The stock has a market capitalization of £325.97 million and a price-to-earnings ratio of 2,296.30. The business’s 50 day simple moving average is GBX 1,240 and its 200-day simple moving average is GBX 1,240.
Fundsmith Emerging Equities Trust Company Profile
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.
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