Scottish Mortgage (LON:SMT) Shares Cross Below Two Hundred Day Moving Average of $856.07

Scottish Mortgage (LON:SMTGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 856.07 ($11.31) and traded as low as GBX 809.40 ($10.69). Scottish Mortgage shares last traded at GBX 809.60 ($10.69), with a volume of 1,462,202 shares.

Scottish Mortgage Price Performance

The stock has a fifty day moving average of GBX 845.34 and a 200 day moving average of GBX 856.07. The stock has a market cap of £11.31 billion, a price-to-earnings ratio of -1,556.92 and a beta of 0.75. The company has a debt-to-equity ratio of 15.37, a current ratio of 0.16 and a quick ratio of 0.53.

Insiders Place Their Bets

In other Scottish Mortgage news, insider Sharon Flood bought 2,418 shares of the firm’s stock in a transaction that occurred on Monday, September 2nd. The stock was bought at an average cost of GBX 827 ($10.92) per share, for a total transaction of £19,996.86 ($26,415.93). 3.25% of the stock is currently owned by insiders.

Scottish Mortgage Company Profile

(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.

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