European Assets Trust PLC (LON:EAT - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 83.77 ($1.05) and traded as low as GBX 83.29 ($1.04). European Assets Trust shares last traded at GBX 84.30 ($1.05), with a volume of 269,530 shares.
The stock has a market capitalization of £305.02 million, a P/E ratio of 847.12 and a beta of 1.05. The company has a debt-to-equity ratio of 7.34, a quick ratio of 1.35 and a current ratio of 0.20. The firm has a 50-day moving average price of GBX 81.94 and a 200 day moving average price of GBX 83.77.
The firm also recently declared a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 16th were given a dividend of GBX 1.38 ($0.02) per share. This represents a yield of 1.68%. The ex-dividend date was Thursday, January 16th. European Assets Trust's payout ratio is currently 6,000.00%.
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.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider European Assets Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and European Assets Trust wasn't on the list.
While European Assets Trust currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.