Shares of European Assets Trust PLC (LON:EAT) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $104.72 and traded as low as $100.58. European Assets Trust shares last traded at $101.50, with a volume of 244,014 shares.
The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 4.77. The firm has a market capitalization of $365.26 million and a P/E ratio of 21.60. The company has a 50 day simple moving average of GBX 104.62 and a two-hundred day simple moving average of GBX 95.46.
The firm also recently declared a dividend, which will be paid on Thursday, October 31st. Shareholders of record on Thursday, October 10th will be paid a €0.02 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, October 10th. This represents a yield of 1.49%. European Assets Trust’s payout ratio is 1.49%.
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.
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