Scottish Mortgage (LON:SMT - Get Free Report)'s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 925.60 ($12.47) and traded as high as GBX 999.40 ($13.46). Scottish Mortgage shares last traded at GBX 986.60 ($13.29), with a volume of 1,735,418 shares traded.
Scottish Mortgage Trading Up 0.2%
The business's 50 day moving average price is GBX 926.71 and its two-hundred day moving average price is GBX 974.34. The stock has a market cap of £12.16 billion, a P/E ratio of 10.20 and a beta of 0.75.
Scottish Mortgage (LON:SMT - Get Free Report) last posted its quarterly earnings data on Thursday, May 22nd. The company reported GBX 1.39 ($0.02) earnings per share for the quarter. Scottish Mortgage had a return on equity of 11.53% and a net margin of 94.48%.
Scottish Mortgage Increases Dividend
The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a dividend of GBX 4 ($0.05) per share. The ex-dividend date was Thursday, March 27th. This represents a yield of 2.8%. This is a positive change from Scottish Mortgage's previous dividend of $1.60. Scottish Mortgage's payout ratio is presently 4.10%.
Insiders Place Their Bets
In related news, insider Vikram Kumaraswamy purchased 2,064 shares of Scottish Mortgage stock in a transaction dated Friday, March 28th. The stock was purchased at an average cost of GBX 964 ($12.99) per share, for a total transaction of £19,896.96 ($26,804.47). Corporate insiders own 3.25% of the company's stock.
Scottish Mortgage Company Profile
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Scottish Mortgage is a portfolio of what we believe are the world's most exciting growth companies. We believe that a few exceptional companies will make a positive impact on shareholders' returns and society as a whole. Explore our website and you'll discover what we mean by investing in progress, how we find and support the companies shaping the future, and how you can be a part of it.
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