European Opportunities Trust (LON:EOT) Shares Down 0.5% – Here’s What Happened

Shares of European Opportunities Trust (LON:EOT) fell 0.5% on Wednesday . The company traded as low as GBX 816 ($10.41) and last traded at GBX 816 ($10.41). 191,324 shares were traded during mid-day trading, an increase of 8% from the average session volume of 177,278 shares. The stock had previously closed at GBX 820 ($10.46).

European Opportunities Trust Stock Down 0.5 %

The company has a quick ratio of 0.11, a current ratio of 0.14 and a debt-to-equity ratio of 9.14. The firm’s fifty day simple moving average is GBX 826.51 and its 200-day simple moving average is GBX 862.50. The company has a market cap of £521.75 million, a PE ratio of 722.12 and a beta of 0.86.

European Opportunities Trust Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, November 25th. Stockholders of record on Thursday, November 7th were given a GBX 2 ($0.03) dividend. This represents a dividend yield of 0.22%. The ex-dividend date was Thursday, November 7th. European Opportunities Trust’s payout ratio is 176.99%.

European Opportunities Trust Company Profile

European Opportunities Trust plc is a closed-ended equity mutual fund launched and managed by Devon Equity Management Limited. The fund is co-managed by FundRock Management Company SA It invests in the public equity markets of Europe. The fund seeks to invest in stocks of companies operating across diversified sectors.