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

European Assets Trust PLC (LON:EAT) insider Monica Tepes acquired 10,000 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The shares were purchased at an average cost of GBX 85 ($1.07) per share, with a total value of £8,500 ($10,682.42).

European Assets Trust Price Performance

Shares of LON:EAT opened at GBX 85.10 ($1.07) on Friday. The company’s fifty day moving average price is GBX 82.30 and its 200 day moving average price is GBX 83.68. European Assets Trust PLC has a 12 month low of GBX 79.12 ($0.99) and a 12 month high of GBX 92.20 ($1.16). The firm has a market capitalization of £306.06 million, a P/E ratio of 10.95 and a beta of 1.05.

European Assets Trust Cuts Dividend

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

European Assets Trust Company Profile

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.