Economic Investment Trust (TSE:EVT) Stock Price Up 2% - Time to Buy?

Shares of Economic Investment Trust Limited (TSE:EVT - Get Free Report) shot up 2% during trading on Monday . The stock traded as high as C$164.29 and last traded at C$164.29. 100 shares traded hands during trading, a decline of 85% from the average session volume of 647 shares. The stock had previously closed at C$161.00.

Economic Investment Trust Trading Up 2.0 %

The company has a market cap of C$923.31 million, a PE ratio of 3.19 and a beta of 0.75. The business's 50 day moving average is C$168.66 and its two-hundred day moving average is C$171.04.

Economic Investment Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 31st were given a $0.30 dividend. The ex-dividend date was Friday, March 14th. This represents a $1.20 annualized dividend and a dividend yield of 0.73%.

About Economic Investment Trust

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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