Economic Investment Trust (TSE:EVT) Shares Down 0.2% – Here’s Why

Economic Investment Trust Limited (TSE:EVTGet Free Report)’s stock price dropped 0.2% on Thursday . The stock traded as low as C$23.50 and last traded at C$23.50. Approximately 1,630 shares traded hands during trading, a decline of 10% from the average daily volume of 1,812 shares. The stock had previously closed at C$23.55.

Economic Investment Trust Stock Performance

The company’s fifty day simple moving average is C$23.07 and its two-hundred day simple moving average is C$22.83. The stock has a market capitalization of C$132.07 million, a PE ratio of 0.46 and a beta of 0.75.

Economic Investment Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.5%. The ex-dividend date is Monday, June 15th.

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.

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