Shares of Fundsmith Emerging Equities Trust plc (LON:FEET – Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 1,240 ($15.85) and traded as high as GBX 1,260 ($16.10). Fundsmith Emerging Equities Trust shares last traded at GBX 1,240 ($15.85), with a volume of 628,265 shares changing hands.
Fundsmith Emerging Equities Trust Stock Performance
The stock’s 50-day moving average price is GBX 1,240 and its 200-day moving average price is GBX 1,240. The company has a market capitalization of £325.97 million and a price-to-earnings ratio of 2,296.30.
About Fundsmith Emerging Equities Trust
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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