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European Assets Trust (LON:EAT) Sets New 12-Month High - Time to Buy?

European Assets Trust logo with Finance background

European Assets Trust PLC (LON:EAT - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 97 ($1.30) and last traded at GBX 96.20 ($1.29), with a volume of 988312 shares. The stock had previously closed at GBX 96.20 ($1.29).

European Assets Trust Stock Performance

The firm has a market capitalization of £345.98 million, a P/E ratio of 12.38 and a beta of 1.05. The company has a 50-day moving average price of GBX 89.60 and a 200-day moving average price of GBX 84.79.

About European Assets Trust

(Get Free Report)

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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