European Assets Trust (LON:EAT) Share Price Passes Below 200 Day Moving Average of $84.09

European Assets Trust PLC (LON:EAT)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 84.09 ($1.05) and traded as low as GBX 83 ($1.03). European Assets Trust shares last traded at GBX 84 ($1.05), with a volume of 335,080 shares.

European Assets Trust Stock Up 1.7 %

The firm has a market capitalization of £307.50 million, a price-to-earnings ratio of 933.33 and a beta of 1.04. The stock has a fifty day moving average of GBX 86.27 and a two-hundred day moving average of GBX 84.09. The company has a debt-to-equity ratio of 4.83, a current ratio of 1.04 and a quick ratio of 1.35.

European Assets Trust Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Thursday, April 4th will be given a GBX 1.48 ($0.02) dividend. The ex-dividend date is Thursday, April 4th. This represents a dividend yield of 1.71%. European Assets Trust’s dividend payout ratio (DPR) is presently 6,666.67%.

Insider Buying and Selling at European Assets Trust

In other news, insider Kevin Troup purchased 10,000 shares of the stock in a transaction on Friday, March 22nd. The stock was purchased at an average price of GBX 87 ($1.08) per share, for a total transaction of £8,700 ($10,830.32). Corporate insiders own 0.79% of the company’s stock.

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.