Alliance Trust (LON:ATST) Shares Cross Below 200 Day Moving Average – Here’s Why

Alliance Trust (LON:ATST) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,210.21 ($16.19) and traded as low as GBX 1,196 ($16.00). Alliance Trust shares last traded at GBX 1,222 ($16.35), with a volume of 430,831 shares trading hands.

Alliance Trust Trading Up 1.0 %

The company has a 50-day simple moving average of GBX 1,195.16 and a 200-day simple moving average of GBX 1,210.35. The company has a debt-to-equity ratio of 7.43, a quick ratio of 0.89 and a current ratio of 2.15. The stock has a market cap of £3.44 billion, a P/E ratio of 576.42 and a beta of 0.65.

Alliance Trust Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, August 29th were given a GBX 6.62 ($0.09) dividend. The ex-dividend date was Thursday, August 29th. This represents a yield of 0.55%. Alliance Trust’s payout ratio is 1,226.42%.

About Alliance Trust

Alliance Trust PLC is a publicly owned investment manager. The firm provides its services to retail investors and institutional investors. It invests in public equity markets. Alliance Trust PLC was founded on April 21, 1888 and is based in Dundee, United Kingdom with an additional office in London, United Kingdom.