Dunedin Enterprise Investment Trust (LON:DNE) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Dunedin Enterprise Investment Trust PLC (LON:DNE) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 503.45 ($6.38) and traded as low as GBX 490 ($6.21). Dunedin Enterprise Investment Trust shares last traded at GBX 502.50 ($6.37), with a volume of 784 shares traded.

Dunedin Enterprise Investment Trust Trading Up 0.2 %

The company has a market capitalization of £27.69 million, a P/E ratio of 1,794.64 and a beta of 0.46. The company’s fifty day moving average is GBX 502.70 and its 200 day moving average is GBX 503.45.

Dunedin Enterprise Investment Trust Increases Dividend

The business also recently declared a dividend, which was paid on Friday, October 4th. Stockholders of record on Thursday, September 5th were given a GBX 23 ($0.29) dividend. The ex-dividend date was Thursday, September 5th. This is a boost from Dunedin Enterprise Investment Trust’s previous dividend of $10.00. This represents a dividend yield of 4.51%. Dunedin Enterprise Investment Trust’s payout ratio is 11,785.71%.

Dunedin Enterprise Investment Trust Company Profile

Dunedin Enterprise Investment Trust PLC specializes in direct investments, fund of fund investments, and investments in listed private equity companies. In the case of direct investments, it specializes in investments in management buyouts, management buy ins, and growing businesses in lower middle markets.