The Scottish Investment Trust (LON:SCIN) Shares Pass Below 50 Day Moving Average – Here’s Why

Shares of The Scottish Investment Trust PLC (LON:SCINGet Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 895 ($11.97) and traded as low as GBX 882.07 ($11.80). The Scottish Investment Trust shares last traded at GBX 895 ($11.97), with a volume of 35,892 shares traded.

The Scottish Investment Trust Price Performance

The company has a debt-to-equity ratio of 13.72, a quick ratio of 10.04 and a current ratio of 10.35. The business has a 50 day moving average price of GBX 895 and a 200-day moving average price of GBX 895. The company has a market capitalization of £592.25 million and a price-to-earnings ratio of 1,570.18.

The Scottish Investment Trust Company Profile

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The Scottish Investment Trust PLC is a publicly owned investment manager. The firm manages separate client-focused equity portfolios. It invests in public equity markets across the globe. It employs a fundamental analysis with a bottom-up stock picking approach. The Scottish Investment Trust PLC was founded in 1887 and is based in Edinburgh, United Kingdom.

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