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Scottish Mortgage (LON:SMT) Reaches New 1-Year High - Here's Why

Scottish Mortgage logo with Financial Services background

Scottish Mortgage (LON:SMT - Get Free Report)'s share price reached a new 52-week high on Tuesday . The company traded as high as GBX 997.40 ($12.21) and last traded at GBX 996.68 ($12.20), with a volume of 1698592 shares traded. The stock had previously closed at GBX 986.60 ($12.08).

Scottish Mortgage Stock Up 0.8 %

The company has a current ratio of 0.16, a quick ratio of 0.53 and a debt-to-equity ratio of 15.37. The company has a market capitalization of £14.09 billion, a price-to-earnings ratio of -1,963.46 and a beta of 0.75. The company has a 50-day moving average of GBX 950.26 and a 200-day moving average of GBX 886.42.

Scottish Mortgage Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, November 21st were paid a dividend of GBX 1.60 ($0.02) per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a yield of 0.18%. Scottish Mortgage's payout ratio is -769.23%.

About Scottish Mortgage

(Get Free Report)

Scottish Mortgage is a portfolio of what we believe are the world's most exciting growth companies. We believe that a few exceptional companies will make a positive impact on shareholders' returns and society as a whole. Explore our website and you'll discover what we mean by investing in progress, how we find and support the companies shaping the future, and how you can be a part of it.

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