Scottish Mortgage (LON:SMT - Get Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 956.95 ($12.74) and traded as low as GBX 872.80 ($11.62). Scottish Mortgage shares last traded at GBX 879 ($11.70), with a volume of 33,277,789 shares trading hands.
Scottish Mortgage Stock Performance
The stock has a market capitalization of £11.04 billion, a PE ratio of 9.26 and a beta of 0.75. The company's fifty day simple moving average is GBX 947.56 and its two-hundred day simple moving average is GBX 957.67.
Scottish Mortgage Increases Dividend
The business also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a dividend of GBX 4 ($0.05) per share. This represents a yield of 2.8%. The ex-dividend date was Thursday, March 27th. This is a boost from Scottish Mortgage's previous dividend of $1.60. Scottish Mortgage's dividend payout ratio is 4.10%.
Insider Activity at Scottish Mortgage
In other Scottish Mortgage news, insider Vikram Kumaraswamy acquired 2,111 shares of the company's stock in a transaction dated Monday, March 31st. The stock was bought at an average price of GBX 942 ($12.54) per share, with a total value of £19,885.62 ($26,478.85). 3.25% of the stock is currently owned by corporate insiders.
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.
Featured Stories
Before you consider Scottish Mortgage, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Scottish Mortgage wasn't on the list.
While Scottish Mortgage currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
