Witan Investment Trust (LON:WTAN) Share Price Crosses Above Fifty Day Moving Average of $220.52

Witan Investment Trust plc (LON:WTANGet Rating) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 220.52 ($2.66) and traded as high as GBX 223 ($2.69). Witan Investment Trust shares last traded at GBX 222.50 ($2.69), with a volume of 715,758 shares changing hands.

Witan Investment Trust Trading Up 1.8 %

The firm has a market cap of £1.55 billion and a PE ratio of 654.41. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 14.90. The business has a fifty day moving average price of GBX 220.52 and a 200 day moving average price of GBX 218.81.

Witan Investment Trust Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, September 16th. Stockholders of record on Thursday, August 25th will be issued a GBX 1.40 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, August 25th. This represents a dividend yield of 0.59%. Witan Investment Trust’s payout ratio is currently 16.59%.

Witan Investment Trust Company Profile

(Get Rating)

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.

See Also

Receive News & Ratings for Witan Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Witan Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.