Economic Investment Trust (TSE:EVT) Reaches New 1-Year High – Should You Buy?

Economic Investment Trust Limited (TSE:EVT – Get Free Report) shares hit a new 52-week high during trading on Tuesday. The company traded as high as C$25.74 and last traded at C$25.74, with a volume of 620 shares changing hands. The stock had previously closed at C$25.10.

Economic Investment Trust Stock Performance

The company has a market cap of C$146.85 million, a price-to-earnings ratio of 0.51 and a beta of 0.75. The company has a fifty day moving average of C$23.75 and a two-hundred day moving average of C$23.43.

Economic Investment Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 29th were given a $0.03 dividend. The ex-dividend date was Monday, September 14th. This represents a $0.12 annualized dividend and a yield of 0.5%.

Economic Investment Trust Company Profile

(Get Free Report)

The objective of the Company is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income.

Further Reading

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