Dunedin Enterprise Investment Trust (LON:DNE) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

Dunedin Enterprise Investment Trust PLC (LON:DNE)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 503.45 ($6.38) and traded as low as GBX 490 ($6.21). Dunedin Enterprise Investment Trust shares last traded at GBX 502.50 ($6.37), with a volume of 784 shares traded.

Dunedin Enterprise Investment Trust Trading Up 0.2 %

The stock’s 50-day simple moving average is GBX 502.70 and its 200-day simple moving average is GBX 503.45. The firm has a market capitalization of £27.69 million, a P/E ratio of 1,794.64 and a beta of 0.46.

Dunedin Enterprise Investment Trust Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, October 4th. Shareholders of record on Thursday, September 5th were given a GBX 23 ($0.29) dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a yield of 4.51%. This is a boost from Dunedin Enterprise Investment Trust’s previous dividend of $10.00. Dunedin Enterprise Investment Trust’s payout ratio is currently 11,785.71%.

Dunedin Enterprise Investment Trust Company Profile

Dunedin Enterprise Investment Trust PLC specializes in direct investments, fund of fund investments, and investments in listed private equity companies. In the case of direct investments, it specializes in investments in management buyouts, management buy ins, and growing businesses in lower middle markets.