Invesco Asia Trust (LON:IAT) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

Posted by Alanna Baker on Feb 7th, 2025

Invesco Asia Trust plc (LON:IAT – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 340.81 ($4.24) and traded as high as GBX 352 ($4.38). Invesco Asia Trust shares last traded at GBX 346 ($4.30), with a volume of 595,750 shares.

Invesco Asia Trust Trading Up 0.3 %

The company has a debt-to-equity ratio of 5.32, a quick ratio of 0.36 and a current ratio of 0.11. The business has a fifty day simple moving average of GBX 340.81 and a 200 day simple moving average of GBX 333.34. The company has a market cap of £225.17 million, a P/E ratio of 4,337.50 and a beta of 0.64.

Invesco Asia Trust (LON:IAT – Get Free Report) last released its earnings results on Wednesday, January 22nd. The company reported GBX 5.32 ($0.07) EPS for the quarter. Invesco Asia Trust had a return on equity of 2.30% and a net margin of 56.35%.

Invesco Asia Trust Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, January 31st. Stockholders of record on Thursday, January 16th were given a dividend of GBX 3.90 ($0.05) per share. This represents a dividend yield of 1.14%. The ex-dividend date of this dividend was Thursday, January 16th. Invesco Asia Trust’s payout ratio is 18,750.00%.

Invesco Asia Trust Company Profile

(Get Free Report)

Managed by Ian Hargreaves and Fiona Yang, the Company’s objective is to provide long-term capital growth and income by investing in a diversified portfolio of Asian and Australasian companies. The Company aims to achieve growth in its Net Asset Value (NAV) in excess of the Benchmark Index, the MSCI AC Asia ex Japan Index (total return, net of withholding tax, in sterling terms).