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

Key Points

• European Assets Trust PLC's stock price reached a new 52-week high of GBX 96.80 ($1.30) during trading, with a last traded price of GBX 96 ($1.29).
• The company has a market capitalization of £345.26 million and a P/E ratio of 12.35, indicating a moderate valuation compared to earnings.
• European Assets Trust is a closed-ended equity mutual fund that primarily invests in small and mid-cap companies across diversified sectors in Europe, excluding the UK.

European Assets Trust PLC (LON:EAT - )'s stock price reached a new 52-week high during trading on Friday . The company traded as high as GBX 96.80 ($1.30) and last traded at GBX 96 ($1.29), with a volume of 558838 shares changing hands. The stock had previously closed at GBX 95.60 ($1.29).

European Assets Trust Trading Up 0.4%

The company has a market capitalization of £345.26 million, a P/E ratio of 12.35 and a beta of 1.05. The stock's fifty day moving average is GBX 92.36 and its 200 day moving average is GBX 86.12.

European Assets Trust Company Profile

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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