Scottish Mortgage (LON:SMT) Shares Pass Above Fifty Day Moving Average of $826.80

Scottish Mortgage (LON:SMTGet Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 826.80 ($10.29) and traded as high as GBX 834.40 ($10.39). Scottish Mortgage shares last traded at GBX 827.40 ($10.30), with a volume of 1,835,076 shares trading hands.

Scottish Mortgage Stock Down 0.4 %

The firm’s fifty day moving average is GBX 826.80 and its two-hundred day moving average is GBX 763.31. The firm has a market cap of £11.45 billion, a price-to-earnings ratio of -1,561.13 and a beta of 0.73. The company has a debt-to-equity ratio of 15.37, a current ratio of 0.16 and a quick ratio of 0.53.

About Scottish Mortgage

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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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