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European Opportunities Trust (LON:EOT) Hits New 12-Month Low - What's Next?

European Opportunities Trust logo with Financial Services background

Shares of European Opportunities Trust (LON:EOT - Get Free Report) hit a new 52-week low on Wednesday . The stock traded as low as GBX 795 ($10.06) and last traded at GBX 803 ($10.16), with a volume of 61648 shares. The stock had previously closed at GBX 804 ($10.17).

European Opportunities Trust Price Performance

The company's 50-day moving average is GBX 846.02 and its 200-day moving average is GBX 872.34. The firm has a market capitalization of £510.88 million, a price-to-earnings ratio of 709.44 and a beta of 0.86. The company has a debt-to-equity ratio of 9.14, a current ratio of 0.14 and a quick ratio of 0.11.

European Opportunities Trust Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, November 25th. Stockholders of record on Thursday, November 7th will be issued a dividend of GBX 2 ($0.03) per share. The ex-dividend date is Thursday, November 7th. This represents a dividend yield of 0.22%. European Opportunities Trust's payout ratio is 176.99%.

European Opportunities Trust Company Profile

(Get Free Report)

European Opportunities Trust plc is a closed-ended equity mutual fund launched and managed by Devon Equity Management Limited. The fund is co-managed by FundRock Management Company SA It invests in the public equity markets of Europe. The fund seeks to invest in stocks of companies operating across diversified sectors.

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