Economic Investment Trust (TSE:EVT) Trading Up 0.3% – What’s Next?

Economic Investment Trust Limited (TSE:EVTGet Free Report) was up 0.3% on Tuesday . The stock traded as high as C$23.55 and last traded at C$23.55. Approximately 100 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 1,747 shares. The stock had previously closed at C$23.49.

Economic Investment Trust Price Performance

The stock has a market capitalization of C$132.35 million, a price-to-earnings ratio of 0.46 and a beta of 0.75. The stock has a 50 day moving average price of C$23.45 and a 200-day moving average price of C$23.13.

Economic Investment Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 30th were given a dividend of $0.03 per share. The ex-dividend date was Monday, June 15th. This represents a $0.12 dividend on an annualized basis and a yield of 0.5%.

About Economic Investment Trust

(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.

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