Downing Strategic Micro-Cap Inv Trst (DSM) Sets New 52-Week Low at $67.50

Downing Strategic Micro-Cap Inv Trst PLC (LON:DSM) hit a new 52-week low on Friday . The company traded as low as GBX 67.50 ($0.88) and last traded at GBX 69.25 ($0.90), with a volume of 38050 shares trading hands. The stock had previously closed at GBX 69.25 ($0.90).

Separately, Shore Capital restated a “house stock” rating on shares of Downing Strategic Micro-Cap Inv Trst in a research note on Tuesday, May 7th.

The firm also recently disclosed a dividend, which will be paid on Friday, July 5th. Shareholders of record on Thursday, May 23rd will be paid a dividend of GBX 1.25 ($0.02) per share. The ex-dividend date of this dividend is Thursday, May 23rd. This represents a yield of 1.71%.

In other news, insider Hugh Aldous bought 25,000 shares of Downing Strategic Micro-Cap Inv Trst stock in a transaction on Friday, May 3rd. The shares were bought at an average price of GBX 74 ($0.97) per share, with a total value of £18,500 ($24,173.53). Also, insider Linda Bell bought 8,500 shares of Downing Strategic Micro-Cap Inv Trst stock in a transaction on Friday, May 17th. The shares were purchased at an average cost of GBX 73 ($0.95) per share, for a total transaction of £6,205 ($8,107.93).

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Downing Strategic Micro-Cap Inv Trst Company Profile (LON:DSM)

Downing Strategic Micro-Cap Investment Trust PLC is a United Kingdom-based closed-end investment company. The investment objective of the Company is to generate capital growth for shareholders over the long term, from a focused portfolio of micro-cap companies (those whose market capitalizations are under British Pound 150 million at the time of investment) targeting a compound return of 15% per annum over the long term.

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