European Assets Trust PLC (LON:EAT - Get Free Report)'s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 86.99 ($1.14) and traded as low as GBX 84.45 ($1.11). European Assets Trust shares last traded at GBX 85.50 ($1.12), with a volume of 341,023 shares trading hands.
European Assets Trust Stock Down 0.6 %
The firm has a 50 day moving average of GBX 86.11 and a two-hundred day moving average of GBX 86.98. The firm has a market capitalization of £306.06 million, a price-to-earnings ratio of 850.00 and a beta of 1.05. The company has a quick ratio of 1.35, a current ratio of 0.20 and a debt-to-equity ratio of 7.34.
European Assets Trust Announces Dividend
The company also recently announced a dividend, which was paid on Wednesday, July 31st. Shareholders of record on Thursday, July 4th were given a GBX 1.48 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, July 4th. This represents a yield of 1.69%. European Assets Trust's dividend payout ratio is presently 6,000.00%.
Insider Buying and Selling at European Assets Trust
In related news, insider Kevin Troup acquired 11,000 shares of the stock in a transaction dated Thursday, June 20th. The stock was bought at an average cost of GBX 88 ($1.16) per share, for a total transaction of £9,680 ($12,728.47). In related news, insider Kevin Troup acquired 11,000 shares of the stock in a transaction dated Thursday, June 20th. The stock was bought at an average cost of GBX 88 ($1.16) per share, for a total transaction of £9,680 ($12,728.47). Also, insider Kate Cornish Bowden acquired 10,000 shares of the stock in a transaction dated Monday, August 12th. The shares were bought at an average price of GBX 85 ($1.12) per share, with a total value of £8,500 ($11,176.86). Corporate insiders own 0.82% of the company's stock.
About European Assets Trust
(
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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.
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