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Economic Investment (TSE:EVT)
TSX:EVT
Canadian Market

Economic Investment (EVT) Stock Price & Analysis

3 Followers

EVT Stock Chart & Stats

Day’s RangeC$0 - C$0
52-Week RangeC$116.94 - C$147.00
Previous CloseC$145.25
Volume915.00
Average Volume (3M)576.00
Market Cap
N/A
Enterprise ValueN/A
Total Cash (Recent Filing)C$1.09B
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)4.1
Beta0.20
Aug 02, 2024
EPS EstimateN/A
Dividend Yield3.77%
Share Statistics
EPS (TTM)35.85
Shares Outstanding5,425,197
10 Day Avg. Volume810
30 Day Avg. Volume576
Standard Deviation0.05
R-Squared0.35
Alpha0.00294
Financial Highlights & Ratios
Price to Book (P/B)0.72
Price to Sales (P/S)32.16
Price to Cash Flow (P/CF)91.60
P/FCF Ratio91.60
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0

Financials

Annual

Options Prices

Currently, No data available
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Ownership Overview

39.33%0.00%0.00%60.67%
39.33%
Insiders
0.00% Other Institutional Investors
60.67% Public Companies and
Individual Investors

EVT FAQ

What was Economic Investment’s price range in the past 12 months?
Economic Investment lowest stock price was C$116.94 and its highest was C$147.00 in the past 12 months.
    What is Economic Investment’s market cap?
    Currently, no data Available
    When is Economic Investment’s upcoming earnings report date?
    Economic Investment’s upcoming earnings report date is Aug 02, 2024 which is in 67 days.
      How were Economic Investment’s earnings last quarter?
      Economic Investment released its earnings results on May 01, 2024. The company reported C$15.321 earnings per share for the quarter, beating the consensus estimate of N/A by C$15.321.
        Is Economic Investment overvalued?
        According to Wall Street analysts Economic Investment’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
          Does Economic Investment pay dividends?
          Economic Investment pays a Quarterly dividend of C$5.6 which represents an annual dividend yield of 3.77%. See more information on Economic Investment dividends here
            What is Economic Investment’s EPS estimate?
            Economic Investment’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Economic Investment have?
            Economic Investment has 5,425,197 shares outstanding.
              What happened to Economic Investment’s price movement after its last earnings report?
              Economic Investment reported an EPS of C$15.321 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -0.167%.
                Which hedge fund is a major shareholder of Economic Investment?
                Currently, no hedge funds are holding shares in TSE:EVT
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                Economic Investment Stock Smart Score

                N/A
                Not Ranked
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                Technicals

                SMA
                Positive
                20 days / 200 days
                Momentum
                10.25%
                12-Months-Change

                Fundamentals

                Return on Equity
                17.97%
                Trailing 12-Months
                Asset Growth
                16.74%
                Trailing 12-Months

                Company Description

                Economic Investment

                Economic Investment Trust Limited Economic or the Company was the first closedend investment trust formed in Canada in 1927. The trust was sponsored by the chartered accounting firm of George A. Touche & Company.The initial capitalization consisted of 32250 shares issued in 1927 at $50 for a total of $1612500. In addition $1000000 of 30-year 5% Collateral Trust Gold Bonds were issued in 1927 making the total amount of initial capital subscribed $2612500.Economic is a closed-end investment corporation the shares of which trade on the Toronto Stock Exchange under the symbol EVT. Economic is an investment vehicle for long-term growth through investments in common equities as management believes that over long periods of time common equities as an asset class will outperform fixed-income instruments or balanced funds. From time to time however assets of the Company may be invested in interest-bearing short-term securities pending the selection of suitable equity investments.
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