Fundsmith Emerging Equities Trust PLC (LON:FEET)’s stock price fell 1.7% during mid-day trading on Monday . The stock traded as low as GBX 1,150 ($15.03) and last traded at GBX 1,150.05 ($15.03), 71,307 shares were traded during mid-day trading. An increase of 124% from the average session volume of 31,834 shares. The stock had previously closed at GBX 1,170 ($15.29).
The company’s 50-day simple moving average is GBX 1,200.59.
In other news, insider David R. W. Potter purchased 2,518 shares of the company’s stock in a transaction dated Thursday, May 23rd. The stock was acquired at an average price of GBX 1,185 ($15.48) per share, for a total transaction of £29,838.30 ($38,989.02).
Fundsmith Emerging Equities Trust Company Profile (LON:FEET)
Fundsmith Emerging Equities Trust plc is a United Kingdom-based investment trust. The Company’s principal investment objective is to provide shareholders with an attractive return by investing in a portfolio of shares issued by listed or traded companies, which have the majority of their operations in, or revenue derived from, developing economies, and which provide direct exposure to the rise of the consumer classes in those countries.