Monks (LON:MNKS) Share Price Passes Below Fifty Day Moving Average of $1,153.34

Monks (LON:MNKS)’s stock price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 1,153.34 ($15.24) and traded as low as GBX 1,130 ($14.93). Monks shares last traded at GBX 1,136 ($15.01), with a volume of 257,461 shares trading hands.

Monks Trading Up 0.6 %

The company’s 50 day simple moving average is GBX 1,153.34 and its two-hundred day simple moving average is GBX 1,149.75. The company has a quick ratio of 0.22, a current ratio of 0.82 and a debt-to-equity ratio of 8.39. The company has a market capitalization of £2.36 billion, a price-to-earnings ratio of 638.20 and a beta of 0.72.

Monks Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, September 17th. Shareholders of record on Thursday, August 8th will be paid a GBX 2.10 ($0.03) dividend. This represents a yield of 0.18%. The ex-dividend date is Thursday, August 8th. Monks’s dividend payout ratio (DPR) is presently 112.36%.

Insider Transactions at Monks

In related news, insider Stacey Parrinder-Johnson acquired 1,250 shares of the firm’s stock in a transaction that occurred on Tuesday, July 2nd. The stock was purchased at an average cost of GBX 1,158 ($15.30) per share, with a total value of £14,475 ($19,121.53). Insiders own 5.05% of the company’s stock.

Monks Company Profile

The Monks Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. It is co-managed by Baillie Gifford & Co The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.