Economic Investment Trust Limited (TSE:EVT - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$19.50 and last traded at C$197.00, with a volume of 600 shares. The stock had previously closed at C$198.00.
Economic Investment Trust Trading Down 0.5%
The business has a 50-day moving average of C$169.26 and a two-hundred day moving average of C$173.52. The firm has a market cap of C$1.11 billion, a P/E ratio of 3.83 and a beta of 0.75.
Economic Investment Trust Cuts Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 30th will be paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.06%. The ex-dividend date is Friday, May 23rd.
About Economic Investment Trust
(
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Economic Investment Trust Limited is a closed-ended equity mutual fund launched and managed by Burgundy Asset Management Ltd. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the S&P/TSX Composite Index, MSCI World Index, and S&P 500 Index.
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