Keystone Positive Change Investment Trust (LON:KPC) Shares Down 1.5% – Here’s Why

Keystone Positive Change Investment Trust plc (LON:KPC) traded down 1.5% during mid-day trading on Tuesday . The company traded as low as GBX 230 ($2.99) and last traded at GBX 230 ($2.99). 78,368 shares traded hands during mid-day trading, a decline of 40% from the average session volume of 130,410 shares. The stock had previously closed at GBX 233.50 ($3.04).

Keystone Positive Change Investment Trust Price Performance

The company’s 50-day simple moving average is GBX 228.19 and its 200 day simple moving average is GBX 223.63. The company has a market capitalization of £137.89 million, a P/E ratio of 2,890.50 and a beta of 1.22. The company has a quick ratio of 0.07, a current ratio of 0.13 and a debt-to-equity ratio of 9.64.

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.