Alliance Trust (LON:ATST) Sets New 52-Week High After Insider Buying Activity

Shares of Alliance Trust PLC (LON:ATST) hit a new 52-week high during trading on Thursday after an insider bought additional shares in the company. The stock traded as high as GBX 979 ($12.79) and last traded at GBX 970 ($12.67), with a volume of 26696 shares. The stock had previously closed at GBX 972 ($12.70).

Specifically, insider Christopher Samuel bought 58 shares of the firm’s stock in a transaction that occurred on Wednesday, March 31st. The shares were acquired at an average cost of GBX 925 ($12.09) per share, with a total value of £536.50 ($700.94).

The stock has a market capitalization of £3.10 billion and a P/E ratio of 17.57. The company has a debt-to-equity ratio of 9.12, a quick ratio of 1.31 and a current ratio of 1.31. The company’s fifty day simple moving average is GBX 922.75 and its two-hundred day simple moving average is GBX 890.88.

The company also recently announced a dividend, which was paid on Wednesday, March 31st. Stockholders of record on Thursday, March 11th were given a GBX 3.60 ($0.05) dividend. This represents a dividend yield of 0.41%. The ex-dividend date was Thursday, March 11th. Alliance Trust’s payout ratio is 0.26%.

Alliance Trust Company Profile (LON:ATST)

Alliance Trust PLC is a publicly owned investment manager. The firm provides its services to retail investors and institutional investors. It invests in public equity markets. Alliance Trust PLC was founded on April 21, 1888 and is based in Dundee, United Kingdom with an additional office in London, United Kingdom.

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