Mid Wynd International Inv Tr (LON:MWY) Stock Price Passes Below 50 Day Moving Average – What’s Next?

Mid Wynd International Inv Tr (LON:MWY) shares crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 787.95 ($10.22) and traded as low as GBX 782 ($10.14). Mid Wynd International Inv Tr shares last traded at GBX 784 ($10.17), with a volume of 282,394 shares changing hands.

Mid Wynd International Inv Tr Stock Performance

The company has a market capitalization of £375.85 million, a P/E ratio of 825.26 and a beta of 0.55. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.73 and a current ratio of 4.55. The business’s fifty day simple moving average is GBX 787.94 and its 200-day simple moving average is GBX 781.85.

Mid Wynd International Inv Tr Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 10th will be given a GBX 4.15 ($0.05) dividend. This is an increase from Mid Wynd International Inv Tr’s previous dividend of $3.85. This represents a dividend yield of 0.54%. The ex-dividend date of this dividend is Thursday, October 10th. Mid Wynd International Inv Tr’s payout ratio is currently 842.11%.

Insider Buying and Selling at Mid Wynd International Inv Tr

In related news, insider Alan Scott sold 6,000 shares of the business’s stock in a transaction on Monday, October 28th. The shares were sold at an average price of GBX 786 ($10.19), for a total value of £47,160 ($61,159.38). 28.54% of the stock is currently owned by company insiders.

About Mid Wynd International Inv Tr

Mid Wynd International Investment Trust plc is a closed ended equity mutual fund launched and managed by Artemis Fund Managers Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across diversified market capitalizations.