Shares of Economic Investment Trust Limited (TSE:EVT – Get Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$23.44 and traded as low as C$23.00. Economic Investment Trust shares last traded at C$23.00, with a volume of 5,283 shares traded.
Economic Investment Trust Stock Performance
The company has a market capitalization of C$129.26 million, a price-to-earnings ratio of 0.45 and a beta of 0.75. The business has a 50 day moving average price of C$23.44 and a 200-day moving average price of C$23.37.
Economic Investment Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th were paid a $0.03 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.12 annualized dividend and a yield of 0.5%.
About Economic Investment Trust
The objective of the Company is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income.
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