Economic Investment Trust (TSE:EVT) Stock Price Up 0.5%

Economic Investment Trust Limited (TSE:EVT)’s share price rose 0.5% on Friday . The stock traded as high as C$143.48 and last traded at C$143.48. Approximately 202 shares changed hands during trading, a decline of 61% from the average daily volume of 524 shares. The stock had previously closed at C$142.77.

Economic Investment Trust Trading Up 0.5 %

The firm’s 50 day moving average is C$140.89 and its two-hundred day moving average is C$136.33. The firm has a market cap of C$806.36 million, a P/E ratio of 2.79 and a beta of 0.72.

Economic Investment Trust (TSE:EVT) last released its quarterly earnings data on Tuesday, February 13th. The company reported C$1.20 earnings per share for the quarter. Economic Investment Trust had a net margin of 84.85% and a return on equity of 13.02%. The business had revenue of C$123.11 million for the quarter.

Economic Investment Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, March 28th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 0.84%. The ex-dividend date was Thursday, March 14th.

About Economic Investment Trust

Economic Investment Trust Limited is a closed-ended equity mutual fund launched and managed by Burgundy Asset Management Ltd. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the S&P/TSX Composite Index, MSCI World Index, and S&P 500 Index.