Witan Investment Trust (LON:WTAN) Hits New 12-Month High at $255.50

Witan Investment Trust plc (LON:WTAN)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 255.50 ($3.21) and last traded at GBX 255.50 ($3.21), with a volume of 578321 shares. The stock had previously closed at GBX 252 ($3.17).

Witan Investment Trust Stock Performance

The company has a 50-day moving average of GBX 246.19 and a 200 day moving average of GBX 235.34. The company has a quick ratio of 0.57, a current ratio of 0.24 and a debt-to-equity ratio of 16.50. The firm has a market capitalization of £1.58 billion, a PE ratio of 1,064.58 and a beta of 0.74.

Witan Investment Trust Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 22nd were given a dividend of GBX 1.69 ($0.02) per share. This represents a yield of 0.71%. This is a boost from Witan Investment Trust’s previous dividend of $1.45. The ex-dividend date of this dividend was Thursday, February 22nd. Witan Investment Trust’s payout ratio is presently 2,500.00%.

About Witan Investment Trust

Witan Investment Trust plc is a closed-ended equity mutual fund launched and managed by Witan Investment Services Limited. The fund is co-managed by Artemis Investment Management LLP, Lindsell Train Limited, Heronbridge Investment Management LLP, MFS International (UK) Limited, Veritas Asset Management LLP, Lansdowne Partners (UK) LLP, Marathon Asset Management, LLP, Matthews International Capital Management, LLC, Trilogy Global Advisors, LLC, Pzena Investment Management LLC, Tweedy, Browne Company LLC, and GQG Partners, LLC.