European Opportunities Trust (LON:EOT) Shares Down 0.1% - Should You Sell?

Key Points

• European Opportunities Trust (LON:EOT) shares experienced a slight decline of 0.1% in price, with recent trading at GBX 924 ($12.51).
• The company reported a net margin of 88.38% and a return on equity of 12.84%, despite a P/E ratio of -2,096.19 indicating potential challenges.
• Investment policies restrict holdings to ensure no single investment exceeds 10% of total assets, aiming for long-term capital growth through prudent asset management.

European Opportunities Trust (LON:EOT - Get Free Report)'s stock price traded down 0.1% on Wednesday . The company traded as low as GBX 923 ($12.49) and last traded at GBX 924 ($12.51). 58,313 shares traded hands during trading, a decline of 74% from the average session volume of 221,091 shares. The stock had previously closed at GBX 925 ($12.52).

European Opportunities Trust Stock Down 0.1%

The stock has a market capitalization of £431.13 million, a P/E ratio of -2,096.19 and a beta of 0.86. The company has a debt-to-equity ratio of 9.14, a current ratio of 0.14 and a quick ratio of 0.11. The stock's fifty day moving average is GBX 936.76 and its two-hundred day moving average is GBX 896.56.

European Opportunities Trust (LON:EOT - Get Free Report) last issued its earnings results on Friday, August 15th. The company reported GBX (1.32) earnings per share for the quarter. European Opportunities Trust had a return on equity of 12.84% and a net margin of 88.38%.

European Opportunities Trust Company Profile

Objective of the Company The objective of the Company is to invest in securities of European companies and in sectors or geographical areas which are considered by the Investment Adviser to offer good prospects for capital growth, taking into account economic trends and business development. Investment Policy The Company will, at all times, invest and manage its assets, with the objective of spreading risk and in accordance with the following policies: Investment Restrictions Notwithstanding the broad powers of investment available to the Company as a closed-ended fund, the Board has adopted the following investment restrictions: no single holding shall constitute more than 10% of the Company's total assets (calculated at the time of investment); the Company will not invest in unlisted securities; the Company will not invest in derivative instruments, whether for efficient portfolio management, gearing or investment purposes; the Company will not invest in other listed closed-ended investment funds. the Company shall not take legal or management control over any investments in its portfolio; and not more than 50% of the Company's investments may be in securities which are not qualifying securities or government securities for the purposes of the UK ISA Regulations. Borrowing limits The Directors consider that long-term capital growth can be enhanced by the use of gearing through bank borrowings.

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