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Scottish Mortgage (LON:SMT) Reaches New 1-Year High - What's Next?

Scottish Mortgage logo with Financial Services background

Scottish Mortgage (LON:SMT - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 997.40 ($12.18) and last traded at GBX 996.68 ($12.17), with a volume of 1698592 shares traded. The stock had previously closed at GBX 986.60 ($12.04).

Scottish Mortgage Stock Up 0.4 %

The firm's fifty day simple moving average is GBX 945.01 and its two-hundred day simple moving average is GBX 884.84. 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 £13.66 billion, a price-to-earnings ratio of -1,904.23 and a beta of 0.75.

Scottish Mortgage Cuts Dividend

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

About Scottish Mortgage

(Get Free Report)

Scottish Mortgage Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. The fund is co-managed by Baillie Gifford & Co It invests in public equity markets of countries across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.

Further Reading

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