Invesco Asia Trust (LON:IAT) Stock Price Passes Above Fifty Day Moving Average – What’s Next?

Invesco Asia Trust plc (LON:IATGet Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 343.26 ($4.43) and traded as high as GBX 351 ($4.53). Invesco Asia Trust shares last traded at GBX 351 ($4.53), with a volume of 115,820 shares.

Invesco Asia Trust Stock Up 0.3 %

The company has a quick ratio of 0.36, a current ratio of 0.10 and a debt-to-equity ratio of 5.32. The company’s fifty day simple moving average is GBX 343.46 and its 200 day simple moving average is GBX 338.98. The firm has a market capitalization of Ā£238.93 million, a PE ratio of 2.74 and a beta of 0.64.

Invesco Asia Trust (LON:IATGet Free Report) last issued its quarterly earnings data on Wednesday, January 22nd. The company reported GBX 5.32 ($0.07) EPS for the quarter. Invesco Asia Trust had a net margin of 879.58% and a return on equity of 37.05%.

Invesco Asia Trust Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 16th were given a dividend of GBX 3.90 ($0.05) per share. This represents a dividend yield of 1.14%. The ex-dividend date was Thursday, January 16th. Invesco Asia Trust’s dividend payout ratio (DPR) is currently 11.65%.

About Invesco Asia Trust

(Get Free Report)

Managed by Ian Hargreaves and Fiona Yang, the Company’s objective is to provide long-term capital growth and income by investing in a diversified portfolio of Asian and Australasian companies. The Company aims to achieve growth in its Net Asset Value (NAV) in excess of the Benchmark Index, the MSCI AC Asia ex Japan Index (total return, net of withholding tax, in sterling terms).

Further Reading

Receive News & Ratings for Invesco Asia Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Asia Trust and related companies with MarketBeat.com's FREE daily email newsletter.