European Assets Trust (LON:EAT) Releases Earnings Results

Key Points

• European Assets Trust reported a quarterly EPS of GBX 1.43 ($0.02) with a net margin of 79.65% and a return on equity of 7.51%.
• Shares of LON:EAT traded down 0.2%, reaching GBX 95.60 ($1.29), with a market cap of £343.82 million.
• The trust primarily invests in small and mid-cap companies across diversified sectors within the public equity markets of Europe, excluding the UK.

European Assets Trust (LON:EAT - Get Free Report) posted its quarterly earnings data on Friday. The company reported GBX 1.43 earnings per share (EPS) for the quarter, Digital Look Earnings reports. European Assets Trust had a net margin of 79.65% and a return on equity of 7.51%.

European Assets Trust Trading Up 0.8%

Shares of EAT stock traded up GBX 0.80 during trading hours on Tuesday, hitting GBX 96.40. 249,986 shares of the company were exchanged, compared to its average volume of 717,201. The stock has a market capitalization of £346.69 million, a price-to-earnings ratio of 12.41 and a beta of 1.05. The firm has a fifty day simple moving average of GBX 93.64 and a 200 day simple moving average of GBX 86.82. European Assets Trust has a 52-week low of GBX 67 and a 52-week high of GBX 97.60.

About European Assets Trust

European Assets Trust PLC is a closed-ended equity mutual fund launched and managed by F&C Investment Business Limited. The fund invests in the public equity markets of Europe, excluding the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of small and mid cap companies with a market capitalization below that of the largest company in the Euromoney Smaller European Companies (ex UK) Index or below Euro 2.5 billion.