European Assets Trust (LON:EAT) Stock Price Passes Above 50 Day Moving Average of $86.28

Shares of European Assets Trust PLC (LON:EAT - Get Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 86.28 ($1.14) and traded as high as GBX 87.20 ($1.15). European Assets Trust shares last traded at GBX 86.60 ($1.14), with a volume of 321,432 shares.

European Assets Trust Stock Down 0.5 %

The firm has a 50 day moving average of GBX 86.24 and a 200-day moving average of GBX 86.97. The company has a debt-to-equity ratio of 7.34, a current ratio of 0.20 and a quick ratio of 1.35. The stock has a market capitalization of £310.38 million, a P/E ratio of 862.00 and a beta of 1.05.

European Assets Trust Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, July 31st. Stockholders of record on Thursday, July 4th were given a dividend of GBX 1.48 ($0.02) per share. This represents a dividend yield of 1.69%. The ex-dividend date was Thursday, July 4th. European Assets Trust's dividend payout ratio is presently 6,000.00%.

Insider Activity at European Assets Trust

In other European Assets Trust news, insider Kate Cornish Bowden bought 10,000 shares of the stock in a transaction that occurred on Monday, August 12th. The shares were acquired at an average price of GBX 85 ($1.12) per share, with a total value of £8,500 ($11,209.28). In related news, insider Kate Cornish Bowden purchased 10,000 shares of the stock in a transaction on Monday, August 12th. The shares were purchased at an average cost of GBX 85 ($1.12) per share, for a total transaction of £8,500 ($11,209.28). Also, insider Kevin Troup purchased 11,000 shares of European Assets Trust stock in a transaction on Thursday, June 20th. The stock was purchased at an average price of GBX 88 ($1.16) per share, for a total transaction of £9,680 ($12,765.40). 0.82% of the stock is currently owned by corporate insiders.

About European Assets Trust

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.