Economic Investment Trust (TSE:EVT) Sets New 1-Year High – Here’s Why

Economic Investment Trust Limited (TSE:EVT – Get Free Report)’s stock price hit a new 52-week high during trading on Tuesday. The company traded as high as C$25.74 and last traded at C$25.74, with a volume of 620 shares traded. The stock had previously closed at C$25.10.

Economic Investment Trust Stock Performance

The firm has a market capitalization of C$144.66 million, a P/E ratio of 0.50 and a beta of 0.75. The firm’s 50-day moving average is C$23.65 and its 200 day moving average is C$23.37.

Economic Investment Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 29th were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, September 14th.

Economic Investment Trust Company Profile

(Get Free Report)

The objective of the Company is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income.

Further Reading

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