Scottish Mortgage (LON:SMT - Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 857.36 ($10.85) and traded as high as GBX 922.40 ($11.67). Scottish Mortgage shares last traded at GBX 908.40 ($11.49), with a volume of 1,824,802 shares traded.
Scottish Mortgage Stock Performance
The firm's fifty day moving average price is GBX 857.36 and its 200-day moving average price is GBX 864.96. The company has a market cap of £12.70 billion, a P/E ratio of -1,749.94 and a beta of 0.75. The company has a current ratio of 0.16, a quick ratio of 0.53 and a debt-to-equity ratio of 15.37.
Scottish Mortgage Cuts Dividend
The company also recently declared a dividend, which will be paid on Friday, December 13th. Shareholders of record on Thursday, November 21st will be issued a GBX 1.60 ($0.02) dividend. The ex-dividend date is Thursday, November 21st. This represents a yield of 0.18%. Scottish Mortgage's dividend payout ratio (DPR) is -769.23%.
Insider Buying and Selling at Scottish Mortgage
In related news, insider Sharon Flood bought 2,418 shares of the company's stock in a transaction dated Monday, September 2nd. The stock was acquired at an average cost of GBX 827 ($10.46) per share, with a total value of £19,996.86 ($25,302.87). Insiders own 3.25% of the company's stock.
Scottish Mortgage Company Profile
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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.
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