Fundsmith Emerging Equities Trust (LON:FEET) Stock Crosses Below Fifty Day Moving Average – What’s Next?

Fundsmith Emerging Equities Trust plc (LON:FEETGet Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 1,240 ($15.50) and traded as low as GBX 1,220 ($15.25). Fundsmith Emerging Equities Trust shares last traded at GBX 1,240 ($15.50), with a volume of 628,265 shares traded.

Fundsmith Emerging Equities Trust Trading Down 1.8 %

The stock has a fifty day moving average of GBX 1,240 and a two-hundred day moving average of GBX 1,240. The stock has a market capitalization of £325.97 million and a price-to-earnings 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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