British & American Investment Trust (LON:BAF) Stock Price Up 6.8%

British & American Investment Trust Plc (LON:BAF)’s stock price rose 6.8% during mid-day trading on Wednesday . The company traded as high as GBX 39 ($0.51) and last traded at GBX 39 ($0.51), approximately 2,232 shares changed hands during mid-day trading. An increase of 1% from the average daily volume of 2,218 shares. The stock had previously closed at GBX 36.50 ($0.48).

The firm has a market cap of $9.75 million and a P/E ratio of -1.78. The stock has a 50 day simple moving average of GBX 36.83 and a 200-day simple moving average of GBX 36.57. The company has a current ratio of 1.10, a quick ratio of 1.09 and a debt-to-equity ratio of 35.23.

The company also recently announced a dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st will be given a dividend of GBX 2.70 ($0.04) per share. The ex-dividend date is Thursday, November 21st. This represents a dividend yield of 7.61%. British & American Investment Trust’s dividend payout ratio is currently -0.41%.

About British & American Investment Trust (LON:BAF)

British & American Investment Trust plc is a publically owned investment manager. The firm manages equity mutual fund for its clients. It invests in public equity markets of United Kingdom. The firm invests predominantly in investment trusts. British & American Investment Trust plc is based in London, United Kingdom.

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