European Assets Trust (LON:EAT) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

European Assets Trust PLC (LON:EAT) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 85.56 ($1.08) and traded as low as GBX 81.81 ($1.03). European Assets Trust shares last traded at GBX 82.70 ($1.04), with a volume of 483,931 shares trading hands.

European Assets Trust Trading Up 0.9 %

The firm’s 50-day simple moving average is GBX 82.95 and its 200-day simple moving average is GBX 85.56. The company has a quick ratio of 1.35, a current ratio of 0.20 and a debt-to-equity ratio of 7.34. The firm has a market capitalization of £297.78 million, a PE ratio of 827.00 and a beta of 1.05.

European Assets Trust Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, October 31st. Shareholders of record on Thursday, October 3rd were given a dividend of GBX 1.48 ($0.02) per share. The ex-dividend date was Thursday, October 3rd. This represents a yield of 1.72%. European Assets Trust’s payout ratio is 6,000.00%.

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.