Dunedin Enterprise Investment Trust (LON:DNE) Shares Pass Above Two Hundred Day Moving Average – Time to Sell?

Dunedin Enterprise Investment Trust PLC (LON:DNE)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 501.58 ($6.50) and traded as high as GBX 510 ($6.61). Dunedin Enterprise Investment Trust shares last traded at GBX 494.50 ($6.41), with a volume of 23 shares.

Dunedin Enterprise Investment Trust Trading Up 0.6 %

The company has a 50 day moving average of GBX 505.86 and a 200-day moving average of GBX 501.59. The firm has a market capitalization of £27.36 million, a P/E ratio of 1,776.79 and a beta of 0.46.

Dunedin Enterprise Investment Trust Increases Dividend

The company also recently declared a dividend, which was paid on Friday, October 4th. Investors of record on Thursday, September 5th were paid a GBX 23 ($0.30) dividend. The ex-dividend date of this dividend was Thursday, September 5th. This is an increase from Dunedin Enterprise Investment Trust’s previous dividend of $10.00. This represents a yield of 4.51%. Dunedin Enterprise Investment Trust’s payout ratio is 11,785.71%.

Dunedin Enterprise Investment Trust Company Profile

Dunedin Enterprise Investment Trust PLC specializes in direct investments, fund of fund investments, and investments in listed private equity companies. In the case of direct investments, it specializes in investments in management buyouts, management buy ins, and growing businesses in lower middle markets.