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Invesco Asia Trust (LON:IAT) Sets New 1-Year Low - What's Next?

Invesco Asia Trust logo with Financial Services background

Shares of Invesco Asia Trust plc (LON:IAT - Get Free Report) reached a new 52-week low during trading on Friday . The stock traded as low as GBX 3.41 ($0.04) and last traded at GBX 344 ($4.34), with a volume of 21583 shares. The stock had previously closed at GBX 344 ($4.34).

Invesco Asia Trust Price Performance

The company has a quick ratio of 0.36, a current ratio of 0.10 and a debt-to-equity ratio of 5.32. The company has a market capitalization of £232.84 million, a P/E ratio of 2.67 and a beta of 0.64. The company's 50-day simple moving average is GBX 341.07 and its 200 day simple moving average is GBX 334.65.

Invesco Asia Trust (LON:IAT - Get Free Report) last posted its earnings results on Wednesday, January 22nd. The company reported GBX 5.32 ($0.07) EPS for the quarter. Invesco Asia Trust had a net margin of 879.58% and a return on equity of 37.05%.

Invesco Asia Trust Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 16th were given a GBX 3.90 ($0.05) dividend. This represents a yield of 1.14%. The ex-dividend date was Thursday, January 16th. Invesco Asia Trust's dividend payout ratio is 11.65%.

About Invesco Asia Trust

(Get Free Report)

Managed by Ian Hargreaves and Fiona Yang, the Company's objective is to provide long-term capital growth and income by investing in a diversified portfolio of Asian and Australasian companies. The Company aims to achieve growth in its Net Asset Value (NAV) in excess of the Benchmark Index, the MSCI AC Asia ex Japan Index (total return, net of withholding tax, in sterling terms).

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