European Assets Trust (LON:EAT) Reaches New 12-Month High - Here's What Happened

Key Points

• European Assets Trust PLC reached a new 52-week high, trading at GBX 96.60 ($1.28) on Thursday, with a closing price of GBX 96.13 ($1.27).
• The company's market capitalization stands at £345.71 million, and it has a P/E ratio of 12.37.
• European Assets Trust primarily invests in small and mid-cap companies across Europe, excluding the UK, focusing on diversified sectors.

European Assets Trust PLC (LON:EAT - ) hit a new 52-week high on Thursday . The company traded as high as GBX 96.60 ($1.28) and last traded at GBX 96.13 ($1.27), with a volume of 2610431 shares. The stock had previously closed at GBX 96.20 ($1.28).

European Assets Trust Stock Performance

The stock has a market cap of £345.71 million, a P/E ratio of 12.37 and a beta of 1.05. The stock has a 50-day moving average price of GBX 91.21 and a 200-day moving average price of GBX 85.55.

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.

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