European Assets Trust (LON:EAT) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

European Assets Trust PLC (LON:EAT)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 86.43 ($1.13) and traded as low as GBX 81.74 ($1.06). European Assets Trust shares last traded at GBX 83.60 ($1.09), with a volume of 686,875 shares traded.

European Assets Trust Stock Down 1.0 %

The company has a debt-to-equity ratio of 7.34, a current ratio of 0.20 and a quick ratio of 1.35. The company has a market capitalization of £298.14 million, a PE ratio of 828.00 and a beta of 1.05. The business has a 50-day moving average of GBX 84.46 and a 200 day moving average of GBX 86.41.

European Assets Trust Announces Dividend

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

Insider Buying and Selling at European Assets Trust

In related news, insider Kate Cornish Bowden acquired 10,000 shares of the firm’s stock in a transaction on Monday, August 12th. The shares were acquired at an average cost of GBX 85 ($1.11) per share, for a total transaction of £8,500 ($11,064.83). Company insiders own 0.82% of the company’s stock.

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.