Scottish Mortgage (LON:SMT) Share Price Passes Below Fifty Day Moving Average – Here’s What Happened

Scottish Mortgage (LON:SMTGet Free Report)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 1,210.43 and traded as low as GBX 1,175. Scottish Mortgage shares last traded at GBX 1,177.50, with a volume of 7,068,127 shares.

Scottish Mortgage Trading Down 2.1%

The firm’s 50-day moving average is GBX 1,210.43 and its 200-day moving average is GBX 1,160.12. The firm has a market cap of £12.73 billion, a price-to-earnings ratio of 3.83 and a beta of 1.19.

About Scottish Mortgage

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Scottish Mortgage is a portfolio of what we believe are the world’s most exciting growth companies. We believe that a few exceptional companies will make a positive impact on shareholders’ returns and society as a whole. Explore our website and you’ll discover what we mean by investing in progress, how we find and support the companies shaping the future, and how you can be a part of it.

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