Economic Investment Trust (TSE:EVT) Stock Price Up 3.1% – Should You Buy?

Economic Investment Trust Limited (TSE:EVT – Get Free Report)’s stock price rose 3.1% during mid-day trading on Tuesday. The stock traded as high as C$25.25 and last traded at C$25.25. Approximately 400 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 1,825 shares. The stock had previously closed at C$24.50.

Economic Investment Trust Price Performance

The firm has a market cap of C$143.31 million, a P/E ratio of 0.50 and a beta of 0.75. The stock has a 50 day moving average of C$24.22 and a 200 day moving average of C$23.61.

Economic Investment Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 29th were given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a 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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