European Assets Trust (LON:EAT) Sets New 52-Week Low at $94.20

European Assets Trust PLC (LON:EATGet Rating) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 94.20 ($1.14) and last traded at GBX 94.20 ($1.14), with a volume of 727750 shares trading hands. The stock had previously closed at GBX 97.80 ($1.19).

The company has a quick ratio of 0.43, a current ratio of 0.44 and a debt-to-equity ratio of 4.79. The stock’s 50 day moving average price is GBX 103.27 and its 200-day moving average price is GBX 116.80. The stock has a market capitalization of £339.18 million and a P/E ratio of 3.22.

The firm also recently disclosed a dividend, which was paid on Friday, April 29th. Stockholders of record on Thursday, April 7th were paid a dividend of GBX 2.20 ($0.03) per share. The ex-dividend date was Thursday, April 7th. This represents a dividend yield of 1.88%. European Assets Trust’s dividend payout ratio is presently 0.27%.

In other news, insider Julia Bond bought 6,090 shares of the stock in a transaction on Thursday, May 19th. The stock was bought at an average cost of GBX 99 ($1.20) per share, for a total transaction of £6,029.10 ($7,317.76).

European Assets Trust Company Profile (LON:EAT)

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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