Economic Investment Trust Limited (TSE:EVT – Get Free Report)’s stock price dropped 1.6% during mid-day trading on Tuesday . The stock traded as low as C$24.00 and last traded at C$24.10. Approximately 4,600 shares were traded during mid-day trading, an increase of 93% from the average daily volume of 2,388 shares. The stock had previously closed at C$24.50.
Economic Investment Trust Price Performance
The stock has a market cap of C$136.34 million, a P/E ratio of 0.47 and a beta of 0.75. The company has a fifty day moving average price of C$23.81 and a 200 day moving average price of C$21.68.
Economic Investment Trust Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 31st will be issued a dividend of $0.03 per share. The ex-dividend date is Friday, March 13th. This represents a $0.12 annualized dividend and a yield of 0.5%.
About Economic Investment Trust
The objective of the Company is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income.
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