Keystone Positive Change Investment Trust (LON:KPC) Trading Up 0.4% – Still a Buy?

Keystone Positive Change Investment Trust plc (LON:KPC)’s share price traded up 0.4% during trading on Thursday . The stock traded as high as GBX 249 ($3.04) and last traded at GBX 248 ($3.03). 3,791,405 shares traded hands during mid-day trading, an increase of 306% from the average session volume of 934,336 shares. The stock had previously closed at GBX 247 ($3.02).

Keystone Positive Change Investment Trust Stock Performance

The stock has a market cap of £146.17 million, a price-to-earnings ratio of 3,087.50 and a beta of 1.22. The company has a debt-to-equity ratio of 9.64, a current ratio of 0.13 and a quick ratio of 0.07. The stock’s 50-day moving average is GBX 246.32 and its 200-day moving average is GBX 232.48.

Keystone Positive Change Investment Trust Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Thursday, December 12th were paid a GBX 0.45 ($0.01) dividend. This represents a dividend yield of 0.18%. The ex-dividend date was Thursday, December 12th. Keystone Positive Change Investment Trust’s dividend payout ratio is currently 50.00%.

About Keystone Positive Change Investment Trust

Keystone Investment Trust plc is a closed ended equity mutual fund launched and managed Baillie Gifford & Co Limited. The fund invests in public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund employs fundamental analysis with a top-down stock picking approach, focusing on such factors as sound balance sheets, good cash flows, ability to pay and sustain dividends, good asset bases, and market conditions to create its portfolio.