Mid Wynd International Inv Tr (LON:MWY) Stock Crosses Above 50-Day Moving Average - What's Next?

Key Points

• Shares of Mid Wynd International Investment Trust (LON:MWY) crossed above its 50-day moving average, reaching a high of GBX 772 ($10.35) during trading, with a current volume of 64,958 shares.
• The company's market cap stands at £284.95 million with a high P/E ratio of 1,435.21, and it reported an earnings per share (EPS) of GBX 5.54 for the quarter.
• Insider Alan Scott sold 10,000 shares at an average price of GBX 761, indicating sustained insider activity within the firm.

Shares of Mid Wynd International Inv Tr (LON:MWY - Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 765.16 ($10.25) and traded as high as GBX 772 ($10.35). Mid Wynd International Inv Tr shares last traded at GBX 772 ($10.35), with a volume of 64,958 shares trading hands.

Mid Wynd International Inv Tr Stock Performance

The company has a market cap of £284.95 million, a P/E ratio of 1,435.21 and a beta of 0.55. The stock has a 50-day moving average of GBX 765.16 and a two-hundred day moving average of GBX 743.38.

Mid Wynd International Inv Tr (LON:MWY - Get Free Report) last released its earnings results on Thursday, September 11th. The company reported GBX 5.54 EPS for the quarter. Mid Wynd International Inv Tr had a return on equity of 12.65% and a net margin of 95.06%.

Insider Transactions at Mid Wynd International Inv Tr

In other Mid Wynd International Inv Tr news, insider Alan Scott sold 10,000 shares of Mid Wynd International Inv Tr stock in a transaction dated Monday, July 21st. The shares were sold at an average price of GBX 761, for a total value of £76,100. Company insiders own 7.01% of the company's stock.

Mid Wynd International Inv Tr Company Profile

Mid Wynd International Investment Trust plc is a closed ended equity mutual fund launched and managed by Artemis Fund Managers Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across diversified market capitalizations.

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