Witan Investment Trust (LON:WTAN) Hits New 1-Year High at $267.50

Witan Investment Trust plc (LON:WTAN) reached a new 52-week high during trading on Monday . The company traded as high as GBX 267.50 ($3.36) and last traded at GBX 267 ($3.35), with a volume of 17775 shares changing hands. The stock had previously closed at GBX 265.50 ($3.34).

Witan Investment Trust Stock Up 0.2 %

The company has a current ratio of 0.29, a quick ratio of 0.57 and a debt-to-equity ratio of 15.35. The firm has a market cap of £1.62 billion, a PE ratio of 948.21 and a beta of 0.74. The business’s 50-day simple moving average is GBX 249.85 and its 200 day simple moving average is GBX 237.97.

Witan Investment Trust Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, June 7th. Shareholders of record on Thursday, May 16th will be given a dividend of GBX 1.51 ($0.02) per share. This represents a yield of 0.59%. The ex-dividend date is Thursday, May 16th. Witan Investment Trust’s dividend payout ratio (DPR) is 2,142.86%.

Witan Investment Trust Company Profile

Witan Investment Trust plc is a closed-ended equity mutual fund launched and managed by Witan Investment Services Limited. The fund is co-managed by Artemis Investment Management LLP, Lindsell Train Limited, Heronbridge Investment Management LLP, MFS International (UK) Limited, Veritas Asset Management LLP, Lansdowne Partners (UK) LLP, Marathon Asset Management, LLP, Matthews International Capital Management, LLC, Trilogy Global Advisors, LLC, Pzena Investment Management LLC, Tweedy, Browne Company LLC, and GQG Partners, LLC.