Scottish Mortgage (LON:SMT) Hits New 52-Week High – What’s Next?

Scottish Mortgage (LON:SMT) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 1,079 ($13.43) and last traded at GBX 1,073.11 ($13.36), with a volume of 5368666 shares trading hands. The stock had previously closed at GBX 1,056 ($13.15).

Scottish Mortgage Stock Performance

The firm has a 50 day moving average of GBX 977.17 and a 200-day moving average of GBX 897.45. The company has a market cap of £14.79 billion, a P/E ratio of -2,061.54 and a beta of 0.75. The company has a quick ratio of 0.53, a current ratio of 0.16 and a debt-to-equity ratio of 15.37.

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

Scottish Mortgage Cuts Dividend

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

Scottish Mortgage Company Profile

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.