European Assets Trust (LON:EAT) Stock Price Crosses Below 200-Day Moving Average of $86.86

European Assets Trust PLC (LON:EAT) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 86.86 ($1.15) and traded as low as GBX 85.40 ($1.13). European Assets Trust shares last traded at GBX 86.40 ($1.14), with a volume of 363,294 shares changing hands.

European Assets Trust Stock Performance

The firm has a market cap of £311.10 million, a PE ratio of 864.00 and a beta of 1.05. The firm has a 50-day moving average price of GBX 85.79 and a two-hundred day moving average price of GBX 86.87. The company has a quick ratio of 1.35, a current ratio of 0.20 and a debt-to-equity ratio of 7.34.

European Assets Trust Announces Dividend

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

Insider Activity at European Assets Trust

In related news, insider Kate Cornish Bowden purchased 10,000 shares of the business’s stock in a transaction that occurred on Monday, August 12th. The stock was purchased at an average price of GBX 85 ($1.12) per share, with a total value of £8,500 ($11,228.53). Insiders own 0.82% 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.