European Assets Trust (LON:EAT) Stock Crosses Below Two Hundred Day Moving Average of $86.88

Shares of European Assets Trust PLC (LON:EAT) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 86.88 ($1.14) and traded as low as GBX 84.70 ($1.11). European Assets Trust shares last traded at GBX 85.10 ($1.11), with a volume of 481,774 shares.

European Assets Trust Stock Up 0.4 %

The firm has a fifty day simple moving average of GBX 85.83 and a 200-day simple moving average of GBX 86.87. The company has a market capitalization of £307.50 million, a PE ratio of 854.00 and a beta of 1.05. The company has a debt-to-equity ratio of 7.34, a quick ratio of 1.35 and a current ratio of 0.20.

European Assets Trust Announces Dividend

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

Insider Activity at European Assets Trust

In related news, insider Kevin Troup purchased 11,000 shares of European Assets Trust stock in a transaction dated Thursday, June 20th. The shares were acquired at an average price of GBX 88 ($1.15) per share, with a total value of £9,680 ($12,658.56). In other news, insider Kevin Troup purchased 11,000 shares of the company’s stock in a transaction that occurred on Thursday, June 20th. The shares were acquired at an average cost of GBX 88 ($1.15) per share, with a total value of £9,680 ($12,658.56). Also, insider Kate Cornish Bowden acquired 10,000 shares of European Assets Trust stock in a transaction that occurred on Monday, August 12th. The shares were purchased at an average price of GBX 85 ($1.11) per share, for a total transaction of £8,500 ($11,115.47). 0.82% of the stock is currently owned by corporate insiders.

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.