Scottish Mortgage (LON:SMT) Share Price Crosses Above 50-Day Moving Average – Time to Sell?

Scottish Mortgage (LON:SMT)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 832.31 ($10.87) and traded as high as GBX 862.60 ($11.26). Scottish Mortgage shares last traded at GBX 844.20 ($11.02), with a volume of 2,821,141 shares traded.

Scottish Mortgage Stock Up 0.2 %

The firm has a market cap of £11.68 billion, a PE ratio of -1,623.46 and a beta of 0.75. The company has a debt-to-equity ratio of 15.37, a current ratio of 0.16 and a quick ratio of 0.53. The business has a fifty day moving average price of GBX 832.31 and a two-hundred day moving average price of GBX 860.67.

Insider Buying and Selling at Scottish Mortgage

In related news, insider Sharon Flood purchased 2,418 shares of Scottish Mortgage stock in a transaction dated Monday, September 2nd. The stock was acquired at an average cost of GBX 827 ($10.80) per share, with a total value of £19,996.86 ($26,112.38). Company insiders own 3.25% of the company’s stock.

Scottish Mortgage Company Profile

Scottish Mortgage Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. The fund is co-managed by Baillie Gifford & Co It invests in public equity markets of countries across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.