Economic Investment Trust (TSE:EVT) Sets New 52-Week High at $147.00

Shares of Economic Investment Trust Limited (TSE:EVT) hit a new 52-week high on Wednesday . The stock traded as high as C$147.00 and last traded at C$147.00, with a volume of 1200 shares trading hands. The stock had previously closed at C$144.00.

Economic Investment Trust Stock Performance

The company has a market cap of C$809.28 million, a P/E ratio of 2.86 and a beta of 0.72. The business has a fifty day simple moving average of C$141.53 and a 200 day simple moving average of C$137.59.

Economic Investment Trust (TSE:EVT) last issued its earnings results on Tuesday, February 13th. The company reported C$1.20 earnings per share for the quarter. Economic Investment Trust had a net margin of 84.85% and a return on equity of 13.02%. The company had revenue of C$123.11 million for the quarter.

Economic Investment Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be given a dividend of $0.30 per share. The ex-dividend date is Friday, June 14th. This represents a $1.20 dividend on an annualized basis and a yield of 0.83%.

Economic Investment Trust Company Profile

Economic Investment Trust Limited is a closed-ended equity mutual fund launched and managed by Burgundy Asset Management Ltd. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the S&P/TSX Composite Index, MSCI World Index, and S&P 500 Index.