European Opportunities Trust (LON:JEO) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

European Opportunities Trust plc (LON:JEOGet Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 843 ($10.93) and traded as high as GBX 871 ($11.30). European Opportunities Trust shares last traded at GBX 843 ($10.93), with a volume of 176,142 shares.

European Opportunities Trust Trading Down 2.4 %

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

About European Opportunities Trust

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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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