Scottish Mortgage (LON:SMT) Share Price Passes Above 50 Day Moving Average – Should You Sell?

Shares of Scottish Mortgage (LON:SMT) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 914.40 ($11.47) and traded as high as GBX 955 ($11.98). Scottish Mortgage shares last traded at GBX 953.60 ($11.96), with a volume of 1,400,417 shares.

Scottish Mortgage Trading Up 0.7 %

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 firm has a 50-day moving average of GBX 916.21 and a 200 day moving average of GBX 877.63. The stock has a market capitalization of £13.16 billion, a price-to-earnings ratio of -1,833.85 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. This represents a yield of 0.18%. The ex-dividend date was Thursday, November 21st. Scottish Mortgage’s payout ratio is currently -769.23%.

Scottish Mortgage Company Profile

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.