Murray International Trust (LON:MYI) Share Price Passes Above 50-Day Moving Average of $243.88

Murray International Trust PLC (LON:MYI)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 243.88 ($3.05) and traded as high as GBX 249.50 ($3.12). Murray International Trust shares last traded at GBX 247 ($3.09), with a volume of 1,373,390 shares changing hands.

Murray International Trust Stock Down 1.6 %

The firm’s 50 day moving average is GBX 243.88 and its 200-day moving average is GBX 257.03. The firm has a market cap of £1.55 billion, a PE ratio of 1,176.19 and a beta of 0.75. The company has a quick ratio of 0.70, a current ratio of 0.55 and a debt-to-equity ratio of 12.36.

Murray International Trust Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 17th. Shareholders of record on Thursday, October 5th will be paid a dividend of GBX 2.40 ($0.03) per share. This represents a dividend yield of 0.98%. The ex-dividend date is Thursday, October 5th. Murray International Trust’s dividend payout ratio is presently 4,761.90%.

Insider Activity at Murray International Trust

In related news, insider Gregory Eckersley acquired 5,000 shares of the company’s stock in a transaction dated Thursday, August 31st. The stock was bought at an average price of GBX 244 ($3.05) per share, with a total value of £12,200 ($15,267.18). Insiders own 5.62% of the company’s stock.

Murray International Trust Company Profile

Murray International Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Asset Managers Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.