The Scottish Investment Trust (LON:SCIN) Stock Crosses Below Fifty Day Moving Average – Time to Sell?

The Scottish Investment Trust PLC (LON:SCINGet Free Report)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 895 ($11.65) and traded as low as GBX 882.07 ($11.48). The Scottish Investment Trust shares last traded at GBX 895 ($11.65), with a volume of 35,892 shares changing hands.

The Scottish Investment Trust Stock Performance

The company has a debt-to-equity ratio of 13.72, a quick ratio of 10.04 and a current ratio of 10.35. The firm has a market capitalization of £592.25 million and a P/E ratio of 1,570.18. The firm has a 50 day moving average price of GBX 895 and a two-hundred day moving average price of GBX 895.

About The Scottish Investment Trust

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The Scottish Investment Trust PLC is a publicly owned investment manager. The firm manages separate client-focused equity portfolios. It invests in public equity markets across the globe. It employs a fundamental analysis with a bottom-up stock picking approach. The Scottish Investment Trust PLC was founded in 1887 and is based in Edinburgh, United Kingdom.

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