European Assets Trust PLC (LON:EAT - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 82.55 ($1.09) and traded as low as GBX 75.72 ($1.00). European Assets Trust shares last traded at GBX 77 ($1.02), with a volume of 301,591 shares trading hands.
European Assets Trust Stock Down 0.5 %
The firm has a 50 day moving average of GBX 81.86 and a 200 day moving average of GBX 82.41. The firm has a market cap of £281.96 million, a price-to-earnings ratio of 10.09 and a beta of 1.05.
European Assets Trust (LON:EAT - Get Free Report) last issued its quarterly earnings data on Thursday, April 3rd. The company reported GBX 1.78 ($0.02) EPS for the quarter. European Assets Trust had a return on equity of 7.51% and a net margin of 79.65%.
European Assets Trust Increases Dividend
The company also recently declared a dividend, which will be paid on Wednesday, April 23rd. Investors of record on Thursday, April 17th will be issued a dividend of GBX 4 ($0.05) per share. The ex-dividend date is Thursday, April 17th. This is a boost from European Assets Trust's previous dividend of $1.38. This represents a yield of 0.77%. European Assets Trust's payout ratio is 77.21%.
Insider Buying and Selling
In related news, insider Monica Tepes acquired 10,000 shares of the stock in a transaction on Wednesday, February 12th. The shares were acquired at an average price of GBX 85 ($1.13) per share, with a total value of £8,500 ($11,250.83). 0.82% of the stock is currently owned by corporate insiders.
About European Assets Trust
(
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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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