Keystone Positive Change Investment Trust (LON:KPC) Trading 0.4% Higher – Still a Buy?

Keystone Positive Change Investment Trust plc (LON:KPC)’s share price was up 0.4% during mid-day trading on Thursday . The company traded as high as GBX 249 ($3.06) and last traded at GBX 248 ($3.05). Approximately 3,791,405 shares were traded during mid-day trading, an increase of 306% from the average daily volume of 934,336 shares. The stock had previously closed at GBX 247 ($3.04).

Keystone Positive Change Investment Trust Trading Up 0.4 %

The company’s 50-day moving average is GBX 246.03 and its 200-day moving average is GBX 232.38. The firm has a market cap of £146.77 million, a price-to-earnings ratio of 3,100.00 and a beta of 1.22. The company has a debt-to-equity ratio of 9.64, a quick ratio of 0.07 and a current ratio of 0.13.

Keystone Positive Change Investment Trust Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Thursday, December 12th were issued a dividend of GBX 0.45 ($0.01) per share. This represents a yield of 0.18%. The ex-dividend date of this dividend was Thursday, December 12th. Keystone Positive Change Investment Trust’s dividend payout ratio is 50.00%.

About Keystone Positive Change Investment Trust

Keystone Investment Trust plc is a closed ended equity mutual fund launched and managed Baillie Gifford & Co Limited. The fund invests in public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund employs fundamental analysis with a top-down stock picking approach, focusing on such factors as sound balance sheets, good cash flows, ability to pay and sustain dividends, good asset bases, and market conditions to create its portfolio.