The European Investment Trust (LON:EUT) Share Price Passes Above 200-Day Moving Average of $0.00

The European Investment Trust Plc (LON:EUT)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $824.00. The European Investment Trust shares last traded at $824.00, with a volume of 10,879 shares traded.

The stock has a market capitalization of $331.82 million and a PE ratio of -35.98. The company has a quick ratio of 0.15, a current ratio of 0.17 and a debt-to-equity ratio of 3.05. The firm has a fifty day moving average price of GBX 770.61.

The company also recently declared a dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Thursday, July 4th will be issued a GBX 9.50 ($0.12) dividend. This represents a dividend yield of 1.21%. The ex-dividend date of this dividend is Thursday, July 4th. The European Investment Trust’s payout ratio is -1.18%.

The European Investment Trust Company Profile (LON:EUT)

The European Investment Trust plc is an investment company. The Company’s objective is to achieve long-term capital growth through a diversified portfolio of Continental European securities. The Company’s investment portfolio includes its investments in various sectors, such as basic materials, consumer goods, consumer services, financials, healthcare, industrials, oil and gas, technology, telecommunications, utilities, and cash and other assets.

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