Witan Investment Trust (LON:WTAN) Shares Pass Above Fifty Day Moving Average of $217.56

Witan Investment Trust plc (LON:WTANGet Rating)’s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 217.56 ($2.57) and traded as high as GBX 226 ($2.67). Witan Investment Trust shares last traded at GBX 224.50 ($2.65), with a volume of 538,971 shares changing hands.

Witan Investment Trust Price Performance

The company has a debt-to-equity ratio of 14.90, a current ratio of 0.57 and a quick ratio of 0.57. The company’s 50-day simple moving average is GBX 217.56 and its 200-day simple moving average is GBX 216.72. The company has a market cap of £1.53 billion and a price-to-earnings ratio of 659.41.

Witan Investment Trust Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, December 16th. Stockholders of record on Thursday, November 24th will be given a dividend of GBX 1.40 ($0.02) per share. This represents a dividend yield of 0.63%. The ex-dividend date of this dividend is Thursday, November 24th. 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.

Further Reading

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