MFF Capital Investments (ASX:MFF) Shares Up 0.6%

Shares of MFF Capital Investments Ltd (ASX:MFF) shot up 0.6% on Friday . The company traded as high as A$3.28 ($2.33) and last traded at A$3.25 ($2.30), 212,566 shares changed hands during trading. The stock had previously closed at A$3.23 ($2.29).

The stock has a 50-day moving average of A$3.16 and a two-hundred day moving average of A$3.02. The company has a debt-to-equity ratio of 2.81, a quick ratio of 32.67 and a current ratio of 32.67. The company has a market cap of $1.76 billion and a P/E ratio of 8.04.

The firm also recently announced a Final dividend, which will be paid on Friday, November 8th. Shareholders of record on Friday, November 8th will be paid a dividend of $0.02 per share. The ex-dividend date is Friday, October 11th. This represents a yield of 0.64%. MFF Capital Investments’s dividend payout ratio is 9.90%.

In other MFF Capital Investments news, insider Peter Montgomery bought 30,000 shares of the business’s stock in a transaction on Thursday, August 8th. The shares were acquired at an average cost of A$2.99 ($2.12) per share, for a total transaction of A$89,700.00 ($63,617.02).

About MFF Capital Investments (ASX:MFF)

MFF Capital Investments Limited is a closed ended equity mutual fund launched and managed by Magellan Asset Management Limited. The fund invests in public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of companies.

See Also: How Do Mutual Funds Work?

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