Insider Buying: European Assets Trust PLC (LON:EAT) Insider Acquires £8,500 in Stock

European Assets Trust PLC (LON:EAT) insider Kate Cornish Bowden purchased 10,000 shares of the firm’s stock in a transaction dated Monday, August 12th. The stock was purchased at an average cost of GBX 85 ($1.09) per share, with a total value of £8,500 ($10,852.91).

Kate Cornish Bowden also recently made the following trade(s):

• On Tuesday, May 21st, Kate Cornish Bowden bought 30,000 shares of European Assets Trust stock. The shares were acquired at an average price of GBX 90 ($1.15) per share, for a total transaction of £27,000 ($34,473.95).

European Assets Trust Stock Up 0.7 %

Shares of European Assets Trust stock opened at GBX 85 ($1.09) on Thursday. The company has a market capitalization of £306.06 million, a P/E ratio of 850.00 and a beta of 1.05. The company has a debt-to-equity ratio of 7.34, a current ratio of 0.20 and a quick ratio of 1.35. The business has a 50-day moving average of GBX 87.06 and a two-hundred day moving average of GBX 87. European Assets Trust PLC has a 1 year low of GBX 73 ($0.93) and a 1 year high of GBX 92.20 ($1.18).

European Assets Trust Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, July 31st. Investors of record on Thursday, July 4th were paid a dividend of GBX 1.48 ($0.02) per share. The ex-dividend date of this dividend was Thursday, July 4th. This represents a yield of 1.69%. European Assets Trust’s payout ratio is 6,000.00%.

About European Assets Trust

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.