Economic Investment Trust (TSE:EVT) Stock Price Down 0.2% – Should You Sell?

Economic Investment Trust Limited (TSE:EVTGet Free Report) traded down 0.2% during trading on Thursday . The stock traded as low as C$23.50 and last traded at C$23.50. 1,630 shares changed hands during mid-day trading, a decline of 10% from the average session volume of 1,812 shares. The stock had previously closed at C$23.55.

Economic Investment Trust Stock Performance

The stock has a market cap of C$132.07 million, a P/E ratio of 0.46 and a beta of 0.75. The company has a 50 day simple moving average of C$23.10 and a 200 day simple moving average of C$22.84.

Economic Investment Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th will be paid a $0.03 dividend. The ex-dividend date is Monday, June 15th. This represents a $0.12 annualized dividend and a yield of 0.5%.

Economic Investment Trust Company Profile

(Get Free Report)

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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