Scottish Mortgage (LON:SMT) Hits New 1-Year High – Should You Buy?

Shares of Scottish Mortgage (LON:SMT) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 997.40 ($12.21) and last traded at GBX 996.68 ($12.20), with a volume of 1698592 shares. The stock had previously closed at GBX 986.60 ($12.08).

Scottish Mortgage Price Performance

The stock has a market cap of £14.14 billion, a P/E ratio of -1,970.06 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’s fifty day moving average price is GBX 950.26 and its 200 day moving average price is GBX 886.42.

Scottish Mortgage Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, November 21st were issued a GBX 1.60 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a dividend yield of 0.18%. Scottish Mortgage’s dividend payout ratio (DPR) is currently -769.23%.

About Scottish Mortgage

Scottish Mortgage is a portfolio of what we believe are the world’s most exciting growth companies. We believe that a few exceptional companies will make a positive impact on shareholders’ returns and society as a whole. Explore our website and you’ll discover what we mean by investing in progress, how we find and support the companies shaping the future, and how you can be a part of it.