Scottish Mortgage (LON:SMT) Hits New 12-Month High – Should You Buy?

Scottish Mortgage (LON:SMT)’s stock price reached a new 52-week high on Thursday . The stock traded as high as GBX 1,079 ($13.43) and last traded at GBX 1,073.11 ($13.36), with a volume of 5368666 shares traded. The stock had previously closed at GBX 1,056 ($13.15).

Scottish Mortgage Price Performance

The stock’s 50 day simple moving average is GBX 977.17 and its 200-day simple moving average is GBX 897.45. The firm has a market cap of £14.79 billion, a price-to-earnings ratio of -2,061.54 and a beta of 0.75. The company has a debt-to-equity ratio of 15.37, a quick ratio of 0.53 and a current ratio of 0.16.

Scottish Mortgage (LON:SMT) last released its earnings results on Friday, November 8th. The company reported GBX 1.12 ($0.01) earnings per share (EPS) for the quarter.

Scottish Mortgage Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, November 21st were paid a GBX 1.60 ($0.02) dividend. This represents a dividend yield of 0.18%. The ex-dividend date was Thursday, November 21st. Scottish Mortgage’s payout ratio is -769.23%.

About Scottish Mortgage

Scottish Mortgage is a portfolio of what we believe are the world’s most exciting growth companies. We believe that a few exceptional companies will make a positive impact on shareholders’ returns and society as a whole. Explore our website and you’ll discover what we mean by investing in progress, how we find and support the companies shaping the future, and how you can be a part of it.