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European Assets Trust (LON:EAT) Reaches New 52-Week High - Here's Why

European Assets Trust logo with Finance background

European Assets Trust PLC (LON:EAT - Get Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as GBX 94.40 ($1.27) and last traded at GBX 94.20 ($1.27), with a volume of 750755 shares trading hands. The stock had previously closed at GBX 93.20 ($1.26).

European Assets Trust Stock Down 0.4%

The firm has a market cap of £340.22 million, a PE ratio of 12.17 and a beta of 1.05. The company's 50 day moving average price is GBX 88.59 and its two-hundred day moving average price is GBX 84.23.

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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