European Assets Trust (LON:EAT) Shares Pass Above Fifty Day Moving Average of $87.42

European Assets Trust PLC (LON:EATGet Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 87.42 ($1.12) and traded as high as GBX 91 ($1.17). European Assets Trust shares last traded at GBX 91 ($1.17), with a volume of 301,907 shares traded.

European Assets Trust Stock Up 0.2 %

The company has a debt-to-equity ratio of 7.34, a quick ratio of 1.35 and a current ratio of 0.20. The stock has a market capitalization of £329.82 million, a P/E ratio of 916.00 and a beta of 1.05. The stock’s fifty day simple moving average is GBX 87.60 and its two-hundred day simple moving average is GBX 86.36.

European Assets Trust Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, April 30th. Shareholders of record on Thursday, April 4th were issued a dividend of GBX 1.48 ($0.02) per share. This represents a yield of 1.71%. The ex-dividend date was Thursday, April 4th. European Assets Trust’s payout ratio is 6,000.00%.

Insiders Place Their Bets

In other news, insider Kate Cornish Bowden purchased 30,000 shares of the company’s stock in a transaction dated Tuesday, May 21st. The shares were purchased at an average price of GBX 90 ($1.15) per share, for a total transaction of £27,000 ($34,593.21). In other news, insider Kate Cornish Bowden purchased 30,000 shares of the company’s stock in a transaction dated Tuesday, May 21st. The shares were purchased at an average price of GBX 90 ($1.15) per share, for a total transaction of £27,000 ($34,593.21). Also, insider Kevin Troup purchased 10,000 shares of the company’s stock in a transaction dated Friday, March 22nd. The stock was purchased at an average price of GBX 87 ($1.11) per share, for a total transaction of £8,700 ($11,146.70). Insiders own 0.79% of the company’s stock.

European Assets Trust Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for European Assets Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for European Assets Trust and related companies with MarketBeat.com's FREE daily email newsletter.