Economic Investment Trust Limited (TSE:EVT - Get Free Report)'s share price rose 1% on Monday . The company traded as high as C$20.20 and last traded at C$20.20. Approximately 2,000 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 5,189 shares. The stock had previously closed at C$20.00.
Economic Investment Trust Stock Down 1.0%
The company has a 50-day moving average of C$44.94 and a 200-day moving average of C$129.30. The company has a market cap of C$112.40 million, a PE ratio of 0.39 and a beta of 0.75.
Economic Investment Trust Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 30th were given a dividend of $0.03 per share. The ex-dividend date of this dividend was Friday, June 13th. This represents a $0.12 annualized dividend and a yield of 0.60%.
Economic Investment Trust Company Profile
(
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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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