European Assets Trust (LON:EAT) Share Price Crosses Below Two Hundred Day Moving Average of $84.09

Shares of European Assets Trust PLC (LON:EAT) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 84.09 ($1.05) and traded as low as GBX 83 ($1.03). European Assets Trust shares last traded at GBX 84 ($1.05), with a volume of 335,080 shares traded.

European Assets Trust Trading Up 0.5 %

The firm has a market cap of £302.46 million, a P/E ratio of 927.21 and a beta of 1.04. The company has a quick ratio of 1.35, a current ratio of 1.04 and a debt-to-equity ratio of 4.83. The firm’s 50-day simple moving average is GBX 86.22 and its 200 day simple moving average is GBX 84.09.

European Assets Trust Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Thursday, April 4th will be given a GBX 1.48 ($0.02) dividend. This represents a yield of 1.71%. The ex-dividend date of this dividend is Thursday, April 4th. European Assets Trust’s dividend payout ratio is 6,666.67%.

Insiders Place Their Bets

In other European Assets Trust news, insider Kevin Troup purchased 10,000 shares of the stock in a transaction dated Friday, March 22nd. The shares were bought at an average price of GBX 87 ($1.08) per share, with a total value of £8,700 ($10,830.32). Insiders own 0.79% of the company’s stock.

European Assets Trust Company Profile

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.