Economic Investment Trust Limited (TSE:EVT – Get Free Report) shot up 0.3% during mid-day trading on Wednesday . The stock traded as high as C$22.00 and last traded at C$22.00. 700 shares traded hands during trading, a decline of 65% from the average session volume of 2,026 shares. The stock had previously closed at C$21.93.
Economic Investment Trust Stock Up 0.3%
The business’s 50 day simple moving average is C$23.63 and its 200 day simple moving average is C$21.95. The company has a market capitalization of C$123.64 million, a PE ratio of 0.43 and a beta of 0.75.
Economic Investment Trust Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 31st were given a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Friday, March 13th.
About Economic Investment Trust
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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