Fundsmith Emerging Equities Trust (LON:FEET) Stock Price Passes Below 50 Day Moving Average of $1,240.00


Fundsmith Emerging Equities Trust plc (LON:FEETGet Free Report) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 1,240 ($15.79) and traded as low as GBX 1,220 ($15.53). Fundsmith Emerging Equities Trust shares last traded at GBX 1,240 ($15.79), with a volume of 628,264 shares changing hands.

Fundsmith Emerging Equities Trust Stock Down 1.8 %

The business’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 P/E ratio of 2,296.30.

About Fundsmith Emerging Equities Trust

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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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