Economic Investment Trust Limited (TSE:EVT – Get Free Report)’s share price rose 0.9% during trading on Wednesday. The stock traded as high as C$23.65 and last traded at C$23.65. 8,900 shares were traded during trading, an increase of 371% from the average session volume of 1,891 shares. The stock had previously closed at C$23.45.
Economic Investment Trust Price Performance
The stock has a market capitalization of C$136.57 million, a price-to-earnings ratio of 0.47 and a beta of 0.75. The business has a 50 day simple moving average of C$23.47 and a 200-day simple moving average of C$23.23.
Economic Investment Trust Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 29th were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, September 14th.
Economic Investment Trust Company Profile
The objective of the Company is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income.
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