Murray International (LON:MYI) Stock Price Crosses Above Fifty Day Moving Average of $247.12

Murray International (LON:MYI)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 247.12 ($3.05) and traded as high as GBX 251.50 ($3.11). Murray International shares last traded at GBX 251.50 ($3.11), with a volume of 543,063 shares trading hands.

Murray International Stock Up 1.4 %

The firm has a 50 day moving average of GBX 247.12 and a two-hundred day moving average of GBX 243.50. The firm has a market capitalization of £1.55 billion, a price-to-earnings ratio of 1,197.62 and a beta of 0.79. The company has a quick ratio of 0.70, a current ratio of 0.73 and a debt-to-equity ratio of 8.38.

Murray International Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, August 16th. Investors of record on Thursday, July 4th will be paid a GBX 2.50 ($0.03) dividend. This represents a yield of 1.02%. The ex-dividend date is Thursday, July 4th. Murray International’s dividend payout ratio (DPR) is presently 5,714.29%.

Insider Activity

In other news, insider Gregory Eckersley purchased 5,000 shares of the business’s stock in a transaction dated Thursday, March 21st. The shares were purchased at an average cost of GBX 249 ($3.08) per share, with a total value of £12,450 ($15,377.96). Insiders own 0.83% of the company’s stock.

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.