Fundsmith Emerging Equities Trust plc (LON:FEET – Get Free Report) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 1,240 ($15.58) and traded as low as GBX 1,220 ($15.33). Fundsmith Emerging Equities Trust shares last traded at GBX 1,240 ($15.58), with a volume of 628,265 shares changing hands.
Fundsmith Emerging Equities Trust Price Performance
The firm has a market capitalization of £325.97 million and a price-to-earnings ratio of 2,296.30. The business’s 50 day moving average price is GBX 1,240 and its 200-day moving average price 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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