Shares of Economic Investment Trust Limited (TSE:EVT – Get Free Report) rose 0.9% during mid-day trading on Wednesday. The stock traded as high as C$23.65 and last traded at C$23.65. Approximately 8,900 shares changed hands during trading, an increase of 371% from the average daily volume of 1,891 shares. The stock had previously closed at C$23.45.
Economic Investment Trust Trading Up 0.9%
The stock has a market capitalization of C$132.91 million, a price-to-earnings ratio of 0.46 and a beta of 0.75. The stock has a 50-day moving average price of C$23.45 and a 200 day moving average price of C$23.21.
Economic Investment Trust Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 29th were given a dividend of $0.03 per share. The ex-dividend date was Monday, September 14th. This represents a $0.12 dividend on an annualized basis and a yield of 0.5%.
Economic Investment Trust Company Profile
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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