Scottish Mortgage (LON:SMT) Reaches New 1-Year High – Time to Buy?

Scottish Mortgage (LON:SMT) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 1,046 ($12.90) and last traded at GBX 1,040.86 ($12.83), with a volume of 32179230 shares traded. The stock had previously closed at GBX 1,046 ($12.90).

Scottish Mortgage Trading Up 1.2 %

The stock has a 50-day moving average price of GBX 962.54 and a two-hundred day moving average price of GBX 890.62. The stock has a market capitalization of £14.74 billion, a PE ratio of -2,054.18 and a beta of 0.75. The company has a debt-to-equity ratio of 15.37, a quick ratio of 0.53 and a current ratio of 0.16.

Scottish Mortgage (LON:SMT) last released its earnings results on Friday, November 8th. The company reported GBX 1.12 ($0.01) EPS for the quarter.

Scottish Mortgage Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, November 21st were issued a GBX 1.60 ($0.02) dividend. This represents a yield of 0.18%. The ex-dividend date of this dividend was Thursday, November 21st. Scottish Mortgage’s dividend payout ratio is currently -769.23%.

About Scottish Mortgage

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.