Murray International Trust (LON:MYI) Share Price Crosses Above 50 Day Moving Average of $243.88

Murray International Trust PLC (LON:MYI) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 243.88 ($3.05) and traded as high as GBX 249.50 ($3.12). Murray International Trust shares last traded at GBX 247 ($3.09), with a volume of 1,373,390 shares.

Murray International Trust Price Performance

The company has a quick ratio of 0.70, a current ratio of 0.55 and a debt-to-equity ratio of 12.36. The company has a market capitalization of £1.55 billion, a price-to-earnings ratio of 1,176.19 and a beta of 0.75. The stock’s 50-day simple moving average is GBX 243.88 and its two-hundred day simple moving average is GBX 256.97.

Murray International Trust Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, November 17th. Investors of record on Thursday, October 5th will be given a dividend of GBX 2.40 ($0.03) per share. The ex-dividend date is Thursday, October 5th. This represents a dividend yield of 0.98%. Murray International Trust’s dividend payout ratio (DPR) is presently 4,761.90%.

Insider Activity at Murray International Trust

In other news, insider Gregory Eckersley bought 5,000 shares of Murray International Trust stock in a transaction on Thursday, August 31st. The stock was acquired at an average price of GBX 244 ($3.05) per share, with a total value of £12,200 ($15,267.18). 5.62% of the stock is currently owned by corporate insiders.

About Murray International Trust

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.