Mid Wynd International Inv Tr (LON:MWY) Stock Crosses Above Fifty Day Moving Average – Time to Sell?

Shares of Mid Wynd International Inv Tr (LON:MWY) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 788.47 ($10.26) and traded as high as GBX 811 ($10.56). Mid Wynd International Inv Tr shares last traded at GBX 797 ($10.37), with a volume of 178,122 shares changing hands.

Mid Wynd International Inv Tr Stock Performance

The company has a current ratio of 4.55, a quick ratio of 1.73 and a debt-to-equity ratio of 0.63. The company has a market cap of £381.12 million, a P/E ratio of 838.95 and a beta of 0.55. The company has a 50 day moving average price of GBX 788.47 and a 200-day moving average price of GBX 782.92.

Mid Wynd International Inv Tr Increases Dividend

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

Insider Activity at Mid Wynd International Inv Tr

In other news, insider Alan Scott sold 6,000 shares of the company’s stock in a transaction on Monday, October 28th. The shares were sold at an average price of GBX 786 ($10.23), for a total transaction of £47,160 ($61,390.26). 28.54% of the stock is currently owned by insiders.

Mid Wynd International Inv Tr Company Profile

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.