European Opportunities Trust (LON:EOT) Shares Down 0.5% – Time to Sell?

European Opportunities Trust (LON:EOT) shares were down 0.5% during mid-day trading on Wednesday . The company traded as low as GBX 816 ($10.30) and last traded at GBX 816 ($10.30). Approximately 191,324 shares traded hands during trading, an increase of 8% from the average daily volume of 177,278 shares. The stock had previously closed at GBX 820 ($10.35).

European Opportunities Trust Trading Down 0.4 %

The company has a market capitalization of £522.39 million, a P/E ratio of 723.01 and a beta of 0.86. The company has a debt-to-equity ratio of 9.14, a quick ratio of 0.11 and a current ratio of 0.14. The company’s fifty day simple moving average is GBX 825.17 and its 200-day simple moving average is GBX 861.60.

European Opportunities Trust Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, November 25th. Investors of record on Thursday, November 7th were paid a dividend of GBX 2 ($0.03) per share. The ex-dividend date was Thursday, November 7th. This represents a yield of 0.22%. European Opportunities Trust’s dividend payout ratio (DPR) is 176.99%.

About European Opportunities Trust

European Opportunities Trust plc is a closed-ended equity mutual fund launched and managed by Devon Equity Management Limited. The fund is co-managed by FundRock Management Company SA It invests in the public equity markets of Europe. The fund seeks to invest in stocks of companies operating across diversified sectors.