Scottish Mortgage (LON:SMT) Reaches New 12-Month High – What’s Next?

Scottish Mortgage (LON:SMTGet Free Report) shares reached a new 52-week high on Monday . The company traded as high as GBX 953.80 ($12.09) and last traded at GBX 953.60 ($12.08), with a volume of 1628276 shares traded. The stock had previously closed at GBX 942.80 ($11.95).

Scottish Mortgage Trading Up 0.3 %

The stock has a market capitalization of £13.43 billion, a PE ratio of -1,856.62 and a beta of 0.75. The stock’s 50 day moving average price is GBX 879.62 and its 200-day moving average price is GBX 870.16. The company has a quick ratio of 0.53, a current ratio of 0.16 and a debt-to-equity ratio of 15.37.

Scottish Mortgage Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, December 13th. Shareholders of record on Thursday, November 21st will be paid a GBX 1.60 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a yield of 0.18%. Scottish Mortgage’s payout ratio is presently -769.23%.

About Scottish Mortgage

(Get Free Report)

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.

See Also

Receive News & Ratings for Scottish Mortgage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scottish Mortgage and related companies with MarketBeat.com's FREE daily email newsletter.