European Assets Trust (LON:EAT) Shares Cross Below Two Hundred Day Moving Average - Should You Sell?

European Assets Trust logo with Finance background

Shares of European Assets Trust PLC (LON:EAT - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 83.77 ($1.04) and traded as low as GBX 83.29 ($1.04). European Assets Trust shares last traded at GBX 84.30 ($1.05), with a volume of 269,530 shares.

European Assets Trust Stock Performance

The company has a quick ratio of 1.35, a current ratio of 0.20 and a debt-to-equity ratio of 7.34. The business has a 50-day moving average price of GBX 82 and a 200-day moving average price of GBX 83.75. The firm has a market capitalization of £306.88 million, a price-to-earnings ratio of 852.28 and a beta of 1.05.

European Assets Trust Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 16th were given a GBX 1.38 ($0.02) dividend. This represents a dividend yield of 1.68%. The ex-dividend date of this dividend was Thursday, January 16th. European Assets Trust's payout ratio is 6,000.00%.

European Assets Trust Company Profile

(Get Free Report)

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.

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