Free Trial

Economic Investment Trust (TSE:EVT) Trading 2% Higher - Here's Why

Economic Investment Trust logo with Finance background

Economic Investment Trust Limited (TSE:EVT - Get Free Report)'s share price rose 2% during trading on Monday . The stock traded as high as C$164.29 and last traded at C$164.29. Approximately 100 shares were traded during trading, a decline of 85% from the average daily volume of 647 shares. The stock had previously closed at C$161.00.

Economic Investment Trust Stock Up 3.3 %

The stock has a market cap of C$977.88 million, a P/E ratio of 3.38 and a beta of 0.75. The stock has a fifty day simple moving average of C$167.43 and a 200-day simple moving average of C$171.23.

Economic Investment Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 31st were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date of this dividend was Friday, March 14th.

About Economic Investment Trust

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in Economic Investment Trust Right Now?

Before you consider Economic Investment Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Economic Investment Trust wasn't on the list.

While Economic Investment Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings Preview: HUGE Stock Move Ahead
These 5 Small Stocks Could Deliver Huge Returns
ACT FAST! Congress Is POURING Into This Stock

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines