European Assets Trust PLC (LON:EAT) Insider Monica Tepes Purchases 10,000 Shares

European Assets Trust PLC (LON:EAT) insider Monica Tepes acquired 10,000 shares of the stock in a transaction dated Wednesday, February 12th. The shares were bought at an average price of GBX 85 ($1.07) per share, for a total transaction of £8,500 ($10,698.55).

European Assets Trust Stock Performance

European Assets Trust stock opened at GBX 85.60 ($1.08) on Friday. The firm’s fifty day moving average price is GBX 82.37 and its 200-day moving average price is GBX 83.66. The stock has a market cap of £307.85 million, a P/E ratio of 11.02 and a beta of 1.05. European Assets Trust PLC has a fifty-two week low of GBX 79.12 ($1.00) and a fifty-two week high of GBX 92.20 ($1.16).

European Assets Trust Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 31st. Stockholders of record on Thursday, January 16th were given a dividend of GBX 1.38 ($0.02) per share. This represents a dividend yield of 1.68%. The ex-dividend date of this dividend was Thursday, January 16th. European Assets Trust’s dividend payout ratio (DPR) is currently 77.21%.

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.