Murray International (LON:MYI) Share Price Passes Above Fifty Day Moving Average of $247.12

Murray International (LON:MYI) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 247.12 ($3.05) and traded as high as GBX 251.50 ($3.11). Murray International shares last traded at GBX 251.50 ($3.11), with a volume of 543,063 shares trading hands.

Murray International Price Performance

The stock has a 50 day simple moving average of GBX 247.30 and a two-hundred day simple moving average of GBX 243.75. The firm has a market cap of £1.55 billion, a PE ratio of 1,197.62 and a beta of 0.79. The company has a debt-to-equity ratio of 8.38, a quick ratio of 0.70 and a current ratio of 0.73.

Murray International Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, August 16th. Shareholders of record on Thursday, July 4th will be paid a dividend of GBX 2.50 ($0.03) per share. The ex-dividend date is Thursday, July 4th. This represents a dividend yield of 1.02%. Murray International’s payout ratio is currently 5,714.29%.

Insider Buying and Selling at Murray International

In related news, insider Gregory Eckersley acquired 5,000 shares of Murray International stock in a transaction on Thursday, March 21st. The stock was acquired at an average price of GBX 249 ($3.08) per share, for a total transaction of £12,450 ($15,377.96). Company insiders own 0.83% of the company’s stock.

About Murray International

Murray International Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Asset Managers Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.