Fundsmith Emerging Equities Trust plc (LON:FEET – Get Free Report)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 1,240 ($16.31) and traded as high as GBX 1,260 ($16.57). Fundsmith Emerging Equities Trust shares last traded at GBX 1,240 ($16.31), with a volume of 628,265 shares trading hands.
Fundsmith Emerging Equities Trust Price Performance
The firm has a market cap of £325.97 million and a price-to-earnings ratio of 2,296.30. The stock’s 50 day moving average is GBX 1,240 and its 200 day 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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