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

Mid Wynd International Inv Tr (LON:MWY) crossed 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 traded.

Mid Wynd International Inv Tr Stock Down 0.3 %

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

Mid Wynd International Inv Tr Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 10th will be paid a GBX 4.15 ($0.05) dividend. This represents a yield of 0.54%. The ex-dividend date is Thursday, October 10th. 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

In related news, insider Alan Scott sold 6,000 shares of Mid Wynd International Inv Tr stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of GBX 786 ($10.23), for a total transaction of £47,160 ($61,390.26). Insiders own 28.54% of the company’s stock.

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.