Mid Wynd International Inv Tr (LON:MWY) Shares Pass Above 50 Day Moving Average – Should You Sell?

Mid Wynd International Inv Tr (LON:MWY) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 806.41 ($9.87) and traded as high as GBX 813 ($9.95). Mid Wynd International Inv Tr shares last traded at GBX 803 ($9.83), with a volume of 41,424 shares changing hands.

Mid Wynd International Inv Tr Stock Up 0.5 %

The company has a market cap of £387.83 million, a P/E ratio of 851.58 and a beta of 0.55. The stock has a 50-day moving average of GBX 807.40 and a two-hundred day moving average of GBX 794.07. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.73 and a current ratio of 4.55.

Insiders Place Their Bets

In other news, insider Alan Scott sold 6,000 shares of the company’s stock in a transaction on Monday, October 28th. The shares were sold at an average price of GBX 786 ($9.62), for a total value of £47,160 ($57,723.38). Insiders own 28.54% of the company’s stock.

Mid Wynd International Inv Tr Company Profile

Mid Wynd International Investment Trust plc is a closed ended equity mutual fund launched and managed by Artemis Fund Managers Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across diversified market capitalizations.