Economic Investment Trust (TSE:EVT) Stock Price Up 0.9% – Time to Buy?

Shares of Economic Investment Trust Limited (TSE:EVT – Get Free Report) were up 0.9% during mid-day trading on Wednesday. The stock traded as high as C$23.65 and last traded at C$23.65. 8,900 shares traded hands during mid-day 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 Stock Up 0.9%

The business has a 50 day moving average price of C$23.45 and a 200 day moving average price of C$23.21. The stock has a market cap of C$132.91 million, a PE ratio of 0.46 and a beta of 0.75.

Economic Investment Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 29th were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Monday, September 14th.

Economic Investment Trust Company Profile

(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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