European Assets Trust PLC (LON:EAT) Insider Acquires £8,500 in Stock

European Assets Trust PLC (LON:EAT) insider Monica Tepes acquired 10,000 shares of the business’s stock in a transaction on Wednesday, February 12th. The shares were bought at an average cost of GBX 85 ($1.06) per share, with a total value of £8,500 ($10,580.03).

European Assets Trust Price Performance

Shares of LON:EAT traded up GBX 0.40 ($0.00) during midday trading on Thursday, reaching GBX 85.10 ($1.06). 399,929 shares of the company were exchanged, compared to its average volume of 704,490. The company has a current ratio of 0.20, a quick ratio of 1.35 and a debt-to-equity ratio of 7.34. The stock has a market cap of £306.42 million, a PE ratio of 851.01 and a beta of 1.05. The business’s fifty day moving average is GBX 82.30 and its two-hundred day moving average is GBX 83.68. European Assets Trust PLC has a one year low of GBX 79.12 ($0.98) and a one year high of GBX 92.20 ($1.15).

European Assets Trust Cuts Dividend

The company 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. The ex-dividend date was Thursday, January 16th. This represents a dividend yield of 1.68%. European Assets Trust’s payout ratio is 6,000.00%.

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.