Alliance Trust (LON:ATST) Shares Down 0.5% – Should You Sell?

Alliance Trust (LON:ATST)’s share price dropped 0.5% during mid-day trading on Wednesday . The company traded as low as GBX 1,280 ($16.16) and last traded at GBX 1,280 ($16.16). Approximately 288,888 shares traded 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 Stock Performance

The stock’s 50-day moving average price is GBX 1,244.33 and its 200-day moving average price is GBX 1,215.57. The company has a current ratio of 2.15, a quick ratio of 0.89 and a debt-to-equity ratio of 7.43. The company has a market capitalization of £3.58 billion, a P/E ratio of 600.00 and a beta of 0.65.

About Alliance Trust

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.