European Assets Trust (LON:EAT) Share Price Crosses Below Two Hundred Day Moving Average of $84.09

European Assets Trust PLC (LON:EAT) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 84.09 ($1.05) and traded as low as GBX 83 ($1.03). European Assets Trust shares last traded at GBX 84 ($1.05), with a volume of 335,080 shares changing hands.

European Assets Trust Stock Up 0.5 %

The company has a quick ratio of 1.35, a current ratio of 1.04 and a debt-to-equity ratio of 4.83. The business has a fifty day simple moving average of GBX 86.22 and a two-hundred day simple moving average of GBX 84.09. The company has a market capitalization of £302.46 million, a price-to-earnings ratio of 927.21 and a beta of 1.04.

European Assets Trust Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Thursday, April 4th will be issued a dividend of GBX 1.48 ($0.02) per share. This represents a yield of 1.71%. The ex-dividend date of this dividend is Thursday, April 4th. European Assets Trust’s payout ratio is 6,666.67%.

Insider Buying and Selling at European Assets Trust

In related news, insider Kevin Troup acquired 10,000 shares of the firm’s stock in a transaction on Friday, March 22nd. The shares were bought at an average cost of GBX 87 ($1.08) per share, with a total value of £8,700 ($10,830.32). Company insiders own 0.79% of the company’s stock.

About European Assets Trust

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.