Scottish Mortgage (LON:SMT) Share Price Passes Below Two Hundred Day Moving Average of $856.07

Scottish Mortgage (LON:SMT) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 856.07 ($11.31) and traded as low as GBX 809.40 ($10.69). Scottish Mortgage shares last traded at GBX 809.60 ($10.69), with a volume of 1,462,202 shares trading hands.

Scottish Mortgage Stock Performance

The company has a market cap of £11.26 billion, a P/E ratio of -1,576.54 and a beta of 0.75. The stock has a fifty day moving average price of GBX 842.52 and a two-hundred day moving average price of GBX 856.40. The company has a debt-to-equity ratio of 15.37, a current ratio of 0.16 and a quick ratio of 0.53.

Insider Buying and Selling at Scottish Mortgage

In other Scottish Mortgage news, insider Sharon Flood purchased 2,418 shares of the firm’s stock in a transaction dated Friday, August 30th. The stock was bought at an average price of GBX 827 ($10.92) per share, with a total value of £19,996.86 ($26,415.93). 3.25% of the stock is owned by company insiders.

About Scottish Mortgage

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.