Witan Investment Trust (LON:WTAN) Stock Price Crosses Above Fifty Day Moving Average of $212.67

Witan Investment Trust plc (LON:WTANGet Rating) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 212.67 ($2.61) and traded as high as GBX 224 ($2.74). Witan Investment Trust shares last traded at GBX 222 ($2.72), with a volume of 894,025 shares changing hands.

Witan Investment Trust Stock Down 1.1 %

The company has a market cap of £1.57 billion and a price-to-earnings ratio of 652.94. The company has a current ratio of 0.37, a quick ratio of 0.35 and a debt-to-equity ratio of 12.79. The business has a fifty day moving average price of GBX 212.67 and a two-hundred day moving average price of GBX 221.32.

Witan Investment Trust Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, June 10th. Stockholders of record on Thursday, May 19th were issued a GBX 1.40 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, May 19th. This represents a dividend yield of 0.65%. Witan Investment Trust’s dividend payout ratio is 16.21%.

Witan Investment Trust Company Profile

(Get Rating)

Witan Investment Trust plc is a closed-ended equity mutual fund launched and managed by Witan Investment Services Limited. The fund is co-managed by Artemis Investment Management LLP, Lindsell Train Limited, Heronbridge Investment Management LLP, MFS International (UK) Limited, Veritas Asset Management LLP, Lansdowne Partners (UK) LLP, Marathon Asset Management, LLP, Matthews International Capital Management, LLC, Trilogy Global Advisors, LLC, Pzena Investment Management LLC, Tweedy, Browne Company LLC, and GQG Partners, LLC.

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