Economic Investment Trust Limited (TSE:EVT - Get Free Report) shares hit a new 52-week high on Monday . The stock traded as high as C$170.00 and last traded at C$170.00, with a volume of 400 shares changing hands. The stock had previously closed at C$168.26.
The stock has a market cap of C$955.40 million, a PE ratio of 3.27 and a beta of 0.75. The business's 50-day simple moving average is C$164.25 and its 200-day simple moving average is C$151.68.
The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 27th were issued a dividend of $0.30 per share. The ex-dividend date was Monday, September 16th. This represents a $1.20 dividend on an annualized basis and a yield of 0.71%.
In other Economic Investment Trust news, insider Economic Investment Trust Limited acquired 200 shares of the business's stock in a transaction dated Wednesday, September 25th. The shares were purchased at an average cost of C$159.58 per share, for a total transaction of C$31,915.00. Following the transaction, the insider now owns 200 shares in the company, valued at C$31,915. 79.70% of the stock is currently owned by corporate insiders.
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.
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