Economic Investment Trust Limited (TSE:EVT - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$175.00 and last traded at C$175.00, with a volume of 199 shares. The stock had previously closed at C$173.00.
Economic Investment Trust Stock Up 1.2 %
The stock has a market cap of C$983.50 million, a price-to-earnings ratio of 3.40 and a beta of 0.75. The company's 50-day simple moving average is C$164.79 and its 200-day simple moving average is C$152.97.
Economic Investment Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be given a $0.30 dividend. The ex-dividend date is Monday, December 16th. This represents a $1.20 annualized dividend and a yield of 0.69%.
Insiders Place Their Bets
In other news, insider Economic Investment Trust Limited acquired 200 shares of the firm's stock in a transaction that occurred on Tuesday, October 22nd. The stock was purchased at an average price of C$161.40 per share, with a total value of C$32,280.00. Following the purchase, the insider now owns 200 shares of the company's stock, valued at approximately C$32,280. 79.70% of the stock is currently owned by company insiders.
Economic Investment Trust Company Profile
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Economic Investment Trust Limited is a closed-ended equity mutual fund launched and managed by Burgundy Asset Management Ltd. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the S&P/TSX Composite Index, MSCI World Index, and S&P 500 Index.
Further Reading
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