European Assets Trust (LON:EAT) Stock Price Crosses Below Two Hundred Day Moving Average of $120.68

European Assets Trust PLC (LON:EAT – Get Rating)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 120.68 ($1.52) and traded as low as GBX 98.60 ($1.24). European Assets Trust shares last traded at GBX 99.65 ($1.25), with a volume of 300,107 shares trading hands.

The firm has a 50-day moving average price of GBX 106.81 and a 200 day moving average price of GBX 120.37. The company has a debt-to-equity ratio of 4.79, a current ratio of 0.44 and a quick ratio of 0.44. The company has a market cap of £363.67 million and a price-to-earnings ratio of 3.45.

The business also recently declared a dividend, which was paid on Friday, April 29th. Investors of record on Thursday, April 7th were paid a GBX 2.20 ($0.03) dividend. This represents a dividend yield of 1.88%. The ex-dividend date was Thursday, April 7th. European Assets Trust’s dividend payout ratio (DPR) is currently 0.27%.

In related news, insider Julia Bond purchased 6,090 shares of the business’s stock in a transaction that occurred on Thursday, May 19th. The stock was acquired at an average cost of GBX 99 ($1.25) per share, for a total transaction of £6,029.10 ($7,586.64).

European Assets Trust Company Profile (LON:EAT)

European Assets Trust PLC is a closed-ended equity mutual fund launched and managed by F&C Investment Business Limited. The fund invests in the public equity markets of Europe, excluding the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of small and mid cap companies with a market capitalization below that of the largest company in the Euromoney Smaller European Companies (ex UK) Index or below Euro 2.5 billion.

Recommended Stories