Scottish Mortgage (LON:SMT) Share Price Crosses Below Fifty Day Moving Average – What’s Next?

Scottish Mortgage (LON:SMT) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 1,450.88 and traded as low as GBX 1,380. Scottish Mortgage shares last traded at GBX 1,411, with a volume of 129,697,328 shares.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reissued a “buy” rating on shares of Scottish Mortgage in a research report on Thursday, May 21st. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Scottish Mortgage has an average rating of “Buy”.

Scottish Mortgage Price Performance

The stock has a 50-day simple moving average of GBX 1,450.88 and a 200 day simple moving average of GBX 1,296.35. The company has a market cap of £15.79 billion, a PE ratio of 5.13 and a beta of 1.15. The company has a quick ratio of 0.53, a current ratio of 0.31 and a debt-to-equity ratio of 11.62.

Scottish Mortgage (LON:SMT) last issued its quarterly earnings data on Wednesday, May 27th. The company reported GBX 2.28 earnings per share (EPS) for the quarter. The firm had revenue of GBX 3,311 million during the quarter. Scottish Mortgage had a return on equity of 22.34% and a net margin of 97.38%.

About Scottish Mortgage

Scottish Mortgage is a portfolio of what we believe are the world’s most exciting growth companies. We believe that a few exceptional companies will make a positive impact on shareholders’ returns and society as a whole. Explore our website and you’ll discover what we mean by investing in progress, how we find and support the companies shaping the future, and how you can be a part of it.