European Opportunities Trust (LON:EOT) Stock Price Up 0.4% – Here’s What Happened

European Opportunities Trust (LON:EOT)’s stock price traded up 0.4% on Friday . The company traded as high as GBX 852 ($11.15) and last traded at GBX 852 ($11.15). 123,519 shares were traded during trading, a decline of 32% from the average session volume of 182,825 shares. The stock had previously closed at GBX 849 ($11.11).

European Opportunities Trust Stock Up 0.4 %

The company has a quick ratio of 0.11, a current ratio of 0.14 and a debt-to-equity ratio of 9.14. The company has a market capitalization of £544.77 million, a PE ratio of 753.98 and a beta of 0.86. The company’s 50 day moving average is GBX 869.44 and its two-hundred day moving average is GBX 878.50.

European Opportunities Trust Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, November 25th. Stockholders of record on Thursday, November 7th will be given a dividend of GBX 2 ($0.03) per share. The ex-dividend date is Thursday, November 7th. This represents a dividend yield of 0.22%. European Opportunities Trust’s payout ratio is 176.99%.

European Opportunities Trust Company Profile

European Opportunities Trust plc is a closed-ended equity mutual fund launched and managed by Devon Equity Management Limited. The fund is co-managed by FundRock Management Company SA It invests in the public equity markets of Europe. The fund seeks to invest in stocks of companies operating across diversified sectors.