Witan Investment Trust (LON:WTAN) Reaches New 52-Week High at $254.00

Witan Investment Trust plc (LON:WTAN)’s share price hit a new 52-week high during mid-day trading 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. The stock had previously closed at GBX 251 ($3.10).

Witan Investment Trust Price Performance

The firm has a market cap of £1.55 billion, a P/E ratio of 1,050.00 and a beta of 0.74. The stock’s 50-day moving average is GBX 245.89 and its 200-day moving average is GBX 234.94. The company has a quick ratio of 0.57, a current ratio of 0.24 and a debt-to-equity ratio of 16.50.

Witan Investment Trust Increases Dividend

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

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.