European Opportunities Trust (LON:JEO) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

European Opportunities Trust plc (LON:JEOGet Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 843 ($10.93) and traded as high as GBX 871 ($11.30). European Opportunities Trust shares last traded at GBX 843 ($10.93), with a volume of 176,142 shares traded.

European Opportunities Trust Stock Performance

The company’s 50-day simple moving average is GBX 843 and its 200-day simple moving average is GBX 843. The stock has a market capitalization of £886.70 million and a price-to-earnings ratio of -12.93. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 3.64.

About European Opportunities Trust

(Get Free Report)

European Opportunities Trust plc is a closed-ended equity mutual fund launched and managed by Devon Equity Management Limited. Devon Equity Management Limited is the Investment manager of the European Opportunities Trust (“EOT”). It invests in the public equity markets of Europe. The fund seeks to invest in stocks of companies operating across diversified sectors.

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