Scottish Mortgage (LON:SMT) Shares Cross Above 50-Day Moving Average – Time to Sell?

Scottish Mortgage (LON:SMTGet Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 1,424.86 and traded as high as GBX 1,532. Scottish Mortgage shares last traded at GBX 1,513.50, with a volume of 4,042,888 shares.

Scottish Mortgage Stock Down 0.4%

The company has a market cap of £16.05 billion, a P/E ratio of 5.50 and a beta of 1.07. The company has a debt-to-equity ratio of 11.62, a quick ratio of 0.53 and a current ratio of 0.31. The business’s fifty day moving average is GBX 1,424.86 and its two-hundred day moving average is GBX 1,392.86.

Insider Activity

In other news, insider Stephanie K. Leung acquired 339 shares of the company’s stock in a transaction that occurred on Thursday, July 2nd. The shares were bought at an average price of GBX 1,466 per share, with a total value of £4,969.74. Insiders own 0.13% of the company’s stock.

About Scottish Mortgage

(Get Free Report)

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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