Keystone Positive Change Investment Trust (LON:KPC) Stock Price Up 0.4% – Here’s What Happened

Shares of Keystone Positive Change Investment Trust plc (LON:KPC) shot up 0.4% during mid-day trading on Thursday . The company traded as high as GBX 249 ($3.04) and last traded at GBX 248 ($3.03). 3,791,405 shares were traded during mid-day trading, an increase of 306% from the average session volume of 934,336 shares. The stock had previously closed at GBX 247 ($3.02).

Keystone Positive Change Investment Trust Stock Down 0.4 %

The firm has a market capitalization of £146.17 million, a PE ratio of 3,087.50 and a beta of 1.22. The company has a debt-to-equity ratio of 9.64, a current ratio of 0.13 and a quick ratio of 0.07. The company has a 50-day moving average price of GBX 246.32 and a 200 day moving average price of GBX 232.48.

Keystone Positive Change Investment Trust Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Thursday, December 12th were issued a dividend of GBX 0.45 ($0.01) per share. This represents a yield of 0.18%. The ex-dividend date of this dividend was Thursday, December 12th. Keystone Positive Change Investment Trust’s dividend payout ratio (DPR) is currently 50.00%.

Keystone Positive Change Investment Trust Company Profile

Keystone Investment Trust plc is a closed ended equity mutual fund launched and managed Baillie Gifford & Co Limited. The fund invests in public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund employs fundamental analysis with a top-down stock picking approach, focusing on such factors as sound balance sheets, good cash flows, ability to pay and sustain dividends, good asset bases, and market conditions to create its portfolio.