Invesco Asia Trust plc (LON:IAT - Get Free Report) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 341.44 ($4.17) and traded as high as GBX 345.10 ($4.21). Invesco Asia Trust shares last traded at GBX 342 ($4.18), with a volume of 77,736 shares trading hands.
Invesco Asia Trust Stock Performance
The company has a debt-to-equity ratio of 5.32, a quick ratio of 0.36 and a current ratio of 0.11. The business's 50-day moving average price is GBX 341.42 and its 200 day moving average price is GBX 331.67. The company has a market cap of £221.92 million, a P/E ratio of 4,275.00 and a beta of 0.64.
Invesco Asia Trust Cuts Dividend
The firm also recently declared a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 16th will be given a dividend of GBX 3.90 ($0.05) per share. This represents a yield of 1.14%. The ex-dividend date of this dividend is Thursday, January 16th. Invesco Asia Trust's dividend payout ratio (DPR) is presently 18,750.00%.
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).
Recommended Stories
Before you consider Invesco Asia Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Invesco Asia Trust wasn't on the list.
While Invesco Asia Trust currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
