European Assets Trust (LON:EAT) Stock Price Crosses Below 200-Day Moving Average of $87.02

European Assets Trust PLC (LON:EAT) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 87.02 ($1.11) and traded as low as GBX 86.20 ($1.10). European Assets Trust shares last traded at GBX 86.60 ($1.11), with a volume of 495,342 shares trading hands.

European Assets Trust Stock Up 0.5 %

The business has a 50 day simple moving average of GBX 88.80 and a 200 day simple moving average of GBX 87.02. The company has a debt-to-equity ratio of 7.34, a current ratio of 0.20 and a quick ratio of 1.35. The stock has a market cap of £313.37 million, a PE ratio of 866.00 and a beta of 1.05.

European Assets Trust Dividend Announcement

The business also recently declared a dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Thursday, July 4th will be paid a dividend of GBX 1.48 ($0.02) per share. The ex-dividend date is Thursday, July 4th. This represents a dividend yield of 1.69%. European Assets Trust’s dividend payout ratio (DPR) is presently 6,000.00%.

Insider Transactions at European Assets Trust

In related news, insider Kevin Troup purchased 11,000 shares of the firm’s stock in a transaction dated Thursday, June 20th. The stock was bought at an average price of GBX 88 ($1.13) per share, for a total transaction of £9,680 ($12,399.13). In related news, insider Kate Cornish Bowden purchased 30,000 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The stock was bought at an average price of GBX 90 ($1.15) per share, for a total transaction of £27,000 ($34,584.35). Also, insider Kevin Troup bought 11,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 20th. The shares were acquired at an average price of GBX 88 ($1.13) per share, with a total value of £9,680 ($12,399.13). 0.79% of the stock is currently owned by corporate insiders.

European Assets Trust Company Profile

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.