Economic Investment Trust (TSE:EVT) Shares Up 0.3% – Time to Buy?

Economic Investment Trust Limited (TSE:EVTGet Free Report)’s stock price was up 0.3% on Tuesday . The stock traded as high as C$23.55 and last traded at C$23.55. Approximately 100 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 1,747 shares. The stock had previously closed at C$23.49.

Economic Investment Trust Stock Performance

The firm’s 50 day moving average price is C$23.45 and its two-hundred day moving average price is C$23.13. The firm has a market cap of C$132.35 million, a PE ratio of 0.46 and a beta of 0.75.

Economic Investment Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.03 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.12 annualized dividend and a yield of 0.5%.

About Economic Investment Trust

(Get Free Report)

The objective of the Company is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income.

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