The European Investment Trust (LON:EUT) Stock Price Crosses Below Two Hundred Day Moving Average of $685.98

The European Investment Trust Plc (LON:EUT) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $685.98 and traded as low as $804.00. The European Investment Trust shares last traded at $808.00, with a volume of 15,927 shares traded.

The firm has a 50-day simple moving average of GBX 781.76 and a two-hundred day simple moving average of GBX 685.98. The company has a market capitalization of $325.98 million and a price-to-earnings ratio of -13.37. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 4.75.

About The European Investment Trust (LON:EUT)

The European Investment Trust plc is an investment company. The Company’s objective is to achieve long-term capital growth through a diversified portfolio of Continental European securities. The Company’s investment portfolio includes its investments in various sectors, such as basic materials, consumer goods, consumer services, financials, healthcare, industrials, oil and gas, technology, telecommunications, utilities, and cash and other assets.

Recommended Story: How is a price target determined?

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