European Opportunities Trust (LON:EOT) Shares Down 0.5% - What's Next?

Shares of European Opportunities Trust (LON:EOT - Get Free Report) dropped 0.5% on Wednesday . The company traded as low as GBX 816 ($10.34) and last traded at GBX 816 ($10.34). Approximately 191,324 shares traded hands during trading, an increase of 8% from the average daily volume of 177,278 shares. The stock had previously closed at GBX 820 ($10.39).

European Opportunities Trust Trading Up 0.5 %

The business has a 50 day moving average of GBX 825.83 and a two-hundred day moving average of GBX 862.21. The firm has a market cap of £524.31 million, a P/E ratio of 725.66 and a beta of 0.86. The company has a current ratio of 0.14, a quick ratio of 0.11 and a debt-to-equity ratio of 9.14.

European Opportunities Trust Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, November 25th. Stockholders of record on Thursday, November 7th were given a GBX 2 ($0.03) dividend. This represents a dividend yield of 0.22%. The ex-dividend date was Thursday, November 7th. European Opportunities Trust's payout ratio is presently 176.99%.

European Opportunities Trust Company Profile

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.