European Assets Trust (LON:EAT) Hits New 52-Week Low – Time to Sell?

Posted by Dante Gardener on Nov 28th, 2024

European Assets Trust PLC (LON:EAT – Get Free Report)’s share price reached a new 52-week low on Thursday . The stock traded as low as GBX 80.40 ($1.02) and last traded at GBX 80.72 ($1.02), with a volume of 407561 shares. The stock had previously closed at GBX 81.40 ($1.03).

European Assets Trust Trading Down 0.8 %

The firm has a market cap of £290.65 million, a price-to-earnings ratio of 814.00 and a beta of 1.05. 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 business has a 50 day moving average of GBX 83.70 and a 200 day moving average of GBX 86.06.

European Assets Trust Announces Dividend

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

About European Assets Trust

(Get Free Report)

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.