Murray International (LON:MYI) Shares Cross Above 50 Day Moving Average - Here's Why

Murray International (LON:MYI - Get Free Report) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 254.90 ($3.14) and traded as high as GBX 257.18 ($3.16). Murray International shares last traded at GBX 253 ($3.11), with a volume of 867,880 shares trading hands.

Murray International Price Performance

The company has a debt-to-equity ratio of 6.48, a quick ratio of 0.70 and a current ratio of 11.36. The firm has a market cap of £1.56 billion, a P/E ratio of 853.33 and a beta of 0.79. The firm's fifty day simple moving average is GBX 255.02 and its 200 day simple moving average is GBX 253.63.

Murray International Dividend Announcement

The company also recently declared a dividend, which will be paid on Monday, February 17th. Investors of record on Thursday, January 2nd will be paid a dividend of GBX 2.50 ($0.03) per share. The ex-dividend date is Thursday, January 2nd. This represents a dividend yield of 0.98%. Murray International's dividend payout ratio is presently 4,000.00%.

About Murray International

Murray International Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Asset Managers Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.