Mid Wynd International Inv Tr (LON:MWY) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

Mid Wynd International Inv Tr (LON:MWY)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 720.57 and traded as high as GBX 744. Mid Wynd International Inv Tr shares last traded at GBX 744, with a volume of 23,724 shares.

Mid Wynd International Inv Tr Stock Performance

The business has a fifty day simple moving average of GBX 720.57 and a 200 day simple moving average of GBX 747.95. The company has a market cap of £214.93 million, a P/E ratio of -40.29 and a beta of 0.73.

Mid Wynd International Inv Tr (LON:MWY) last released its earnings results on Thursday, February 26th. The company reported GBX 1.67 EPS for the quarter. Mid Wynd International Inv Tr had a negative return on equity of 4.04% and a net margin of 130.30%.

Insider Buying and Selling at Mid Wynd International Inv Tr

In related news, insider David Kidd purchased 5,000 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were acquired at an average cost of GBX 742 per share, for a total transaction of £37,100. Insiders own 5.58% 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. The fund primarily invests in growth stocks of companies. It benchmarks the performance of its portfolio against the FTSE World Index. Mid Wynd International Investment Trust plc was formed on October 21, 1981 and is domiciled in the United Kingdom.