Witan Investment Trust (LON:WTAN) Reaches New 12-Month High at $254.00

Shares of Witan Investment Trust plc (LON:WTAN) reached a new 52-week high on Wednesday . The stock traded as high as GBX 254 ($3.14) and last traded at GBX 250.50 ($3.09), with a volume of 821728 shares trading hands. The stock had previously closed at GBX 251 ($3.10).

Witan Investment Trust Stock Up 1.2 %

The business has a 50 day moving average of GBX 245.89 and a two-hundred day moving average of GBX 234.94. The stock has a market capitalization of £1.55 billion, a PE ratio of 1,050.00 and a beta of 0.74. The company has a debt-to-equity ratio of 16.50, a quick ratio of 0.57 and a current ratio of 0.24.

Witan Investment Trust Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 22nd were given a GBX 1.69 ($0.02) dividend. This is a positive change from Witan Investment Trust’s previous dividend of $1.45. This represents a dividend yield of 0.71%. The ex-dividend date of this dividend was Thursday, February 22nd. Witan Investment Trust’s dividend payout ratio (DPR) is presently 2,500.00%.

About Witan Investment Trust

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.