Scottish Mortgage Investment Trust (LON:SMT) Reaches New 52-Week Low at $670.60

Shares of Scottish Mortgage Investment Trust PLC (LON:SMTGet Rating) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 670.60 ($8.14) and last traded at GBX 676.20 ($8.21), with a volume of 4751347 shares. The stock had previously closed at GBX 734.80 ($8.92).

The company has a market capitalization of £9.75 billion and a PE ratio of -4.12. The company has a debt-to-equity ratio of 14.45, a current ratio of 0.46 and a quick ratio of 0.46. The company has a 50-day moving average of GBX 834.43 and a two-hundred day moving average of GBX 1,031.62.

The business also recently announced a dividend, which will be paid on Friday, July 1st. Investors of record on Wednesday, June 1st will be given a dividend of GBX 2.07 ($0.03) per share. The ex-dividend date of this dividend is Wednesday, June 1st. This is an increase from Scottish Mortgage Investment Trust’s previous dividend of $1.52. This represents a yield of 0.27%. Scottish Mortgage Investment Trust’s payout ratio is -0.02%.

In other Scottish Mortgage Investment Trust news, insider Mark FitzPatrick purchased 10,000 shares of the firm’s stock in a transaction on Thursday, April 14th. The shares were acquired at an average cost of GBX 961 ($11.66) per share, with a total value of £96,100 ($116,640.37).

About Scottish Mortgage Investment Trust (LON:SMT)

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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