European Assets Trust (LON:EAT) Stock Price Crosses Below 200-Day Moving Average - What's Next?

European Assets Trust PLC (LON:EAT - Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 83.58 ($1.08) and traded as low as GBX 82.60 ($1.07). European Assets Trust shares last traded at GBX 82.60 ($1.07), with a volume of 411,105 shares changing hands.

European Assets Trust Price Performance

The firm has a market cap of £297.22 million, a PE ratio of 10.64 and a beta of 1.05. The business's fifty day moving average is GBX 83.50 and its 200-day moving average is GBX 83.50.

European Assets Trust Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, January 31st. Stockholders of record on Thursday, January 16th were paid a dividend of GBX 1.38 ($0.02) per share. The ex-dividend date of this dividend was Thursday, January 16th. This represents a dividend yield of 1.68%. European Assets Trust's payout ratio is currently 77.21%.

Insider Buying and Selling

In other European Assets Trust news, insider Monica Tepes bought 10,000 shares of the business's stock in a transaction on Wednesday, February 12th. The stock was purchased at an average price of GBX 85 ($1.10) per share, for a total transaction of £8,500 ($11,010.36). 0.82% of the stock is currently owned by insiders.

European Assets Trust Company Profile

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.