European Opportunities Trust (LON:JEO) Stock Price Passes Below 50 Day Moving Average – What’s Next?

Shares of European Opportunities Trust plc (LON:JEOGet Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 843 ($10.95) and traded as low as GBX 841.44 ($10.93). European Opportunities Trust shares last traded at GBX 843 ($10.95), with a volume of 176,142 shares trading hands.

European Opportunities Trust Price Performance

The firm’s fifty day moving average price is GBX 843 and its 200 day moving average price is GBX 843. The firm has a market capitalization of £886.70 million and a PE ratio of -12.93. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 3.64.

European Opportunities Trust Company Profile

(Get Free Report)

European Opportunities Trust plc is a closed-ended equity mutual fund launched and managed by Devon Equity Management Limited. Devon Equity Management Limited is the Investment manager of the European Opportunities Trust (“EOT”). It invests in the public equity markets of Europe. The fund seeks to invest in stocks of companies operating across diversified sectors.

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