Alliance Trust (LON:ATST) Stock Price Down 0.5% – Here’s Why

Alliance Trust (LON:ATST)’s share price was down 0.5% during mid-day trading on Wednesday . The stock traded as low as GBX 1,280 ($16.16) and last traded at GBX 1,280 ($16.16). Approximately 288,888 shares changed hands during mid-day trading, a decline of 20% from the average daily volume of 362,694 shares. The stock had previously closed at GBX 1,286 ($16.23).

Alliance Trust Price Performance

The company’s fifty day moving average is GBX 1,244.33 and its two-hundred day moving average is GBX 1,215.57. The company has a debt-to-equity ratio of 7.43, a quick ratio of 0.89 and a current ratio of 2.15. The firm has a market cap of £3.58 billion, a price-to-earnings ratio of 600.00 and a beta of 0.65.

Alliance Trust Company Profile

Alliance Trust PLC is a publicly owned investment manager. The firm provides its services to retail investors and institutional investors. It invests in public equity markets. Alliance Trust PLC was founded on April 21, 1888 and is based in Dundee, United Kingdom with an additional office in London, United Kingdom.