European Assets Trust (LON:EAT) Reaches New 1-Year Low – Time to Sell?

European Assets Trust PLC (LON:EAT)’s stock price reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 80 ($1.01) and last traded at GBX 80 ($1.01), with a volume of 304651 shares. The stock had previously closed at GBX 81.20 ($1.02).

European Assets Trust Stock Down 1.5 %

The company’s 50 day moving average price is GBX 82.77 and its 200 day moving average price is GBX 85.32. 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 £288.06 million, a price-to-earnings ratio of 800.00 and a beta of 1.05.

European Assets Trust Announces Dividend

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

European Assets Trust Company Profile

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.