Witan Investment Trust (LON:WTAN) Sets New 12-Month High at $252.00

Witan Investment Trust plc (LON:WTAN) shares hit a new 52-week high on Thursday . The stock traded as high as GBX 252 ($3.19) and last traded at GBX 249.04 ($3.15), with a volume of 22702 shares. The stock had previously closed at GBX 250 ($3.16).

Witan Investment Trust Stock Down 0.4 %

The company has a market capitalization of £1.54 billion, a P/E ratio of 1,041.67 and a beta of 0.74. The firm’s 50 day moving average price is GBX 243.03 and its two-hundred day moving average price is GBX 232.70. The company has a current ratio of 0.24, a quick ratio of 0.57 and a debt-to-equity ratio of 16.50.

Witan Investment Trust Increases Dividend

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

Insider Transactions at Witan Investment Trust

In other news, insider Shauna Bevan bought 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 16th. The stock was acquired at an average cost of GBX 231 ($2.92) per share, with a total value of £23,100 ($29,236.81). Company insiders own 7.89% of the company’s stock.

Witan Investment Trust Company Profile

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.