European Assets Trust (LON:EAT) Sets New 52-Week Low – Here’s What Happened

European Assets Trust PLC (LON:EAT) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 80.60 ($1.02) and last traded at GBX 81.19 ($1.03), with a volume of 416109 shares. The stock had previously closed at GBX 82 ($1.04).

European Assets Trust Trading Down 1.0 %

The company has a quick ratio of 1.35, a current ratio of 0.20 and a debt-to-equity ratio of 7.34. The business’s fifty day moving average is GBX 84.15 and its 200-day moving average is GBX 86.31. The stock has a market capitalization of £292.33 million, a PE ratio of 810.00 and a beta of 1.05.

European Assets Trust Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 3rd were issued a dividend of GBX 1.48 ($0.02) per share. The ex-dividend date of this dividend was Thursday, October 3rd. This represents a dividend yield of 1.72%. 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.