Fundsmith Emerging Equities Trust plc (LON:FEET – Get Free Report) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 1,240 ($15.67) and traded as low as GBX 1,220 ($15.42). Fundsmith Emerging Equities Trust shares last traded at GBX 1,240 ($15.67), with a volume of 628,264 shares traded.
Fundsmith Emerging Equities Trust Price Performance
The stock has a 50 day simple moving average of GBX 1,240 and a two-hundred day simple moving average of GBX 1,240. The company has a market cap 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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