Scottish Mortgage (LON:SMT) Share Price Passes Below 50 Day Moving Average – Time to Sell?

Scottish Mortgage (LON:SMT) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 1,214.26 and traded as low as GBX 1,172.50. Scottish Mortgage shares last traded at GBX 1,180, with a volume of 1,110,780 shares traded.

Scottish Mortgage Price Performance

The company has a market capitalization of £12.81 billion, a price-to-earnings ratio of 3.85 and a beta of 1.19. The stock has a 50-day moving average price of GBX 1,214.32 and a 200-day moving average price of GBX 1,153.54.

Insiders Place Their Bets

In other Scottish Mortgage news, insider Christopher Samuel purchased 1,833 shares of the business’s stock in a transaction on Monday, December 15th. The stock was acquired at an average price of GBX 1,148 per share, with a total value of £21,042.84. Company insiders own 0.13% of the company’s stock.

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.