Scottish American Investment (LON:SAIN) Shares Down 1% – Should You Sell?

The Scottish American Investment Company P.L.C. (LON:SAIN) dropped 1% during mid-day trading on Thursday . The company traded as low as GBX 495.50 ($6.41) and last traded at GBX 500.20 ($6.47). Approximately 462,411 shares were traded during trading, a decline of 1% from the average daily volume of 468,031 shares. The stock had previously closed at GBX 505 ($6.54).

Scottish American Investment Price Performance

The company’s 50 day simple moving average is GBX 512.59 and its 200 day simple moving average is GBX 508.39. The company has a current ratio of 4.03, a quick ratio of 3.87 and a debt-to-equity ratio of 9.75. The stock has a market capitalization of £873.41 million, a PE ratio of 10.02 and a beta of 0.65.

Scottish American Investment (LON:SAIN) last released its earnings results on Thursday, February 13th. The company reported GBX 14.50 ($0.19) EPS for the quarter. Scottish American Investment had a return on equity of 9.33% and a net margin of 115.71%.

About Scottish American Investment

The Trust aims to be a core investment for private investors seeking income. Its objective is to grow the dividend at a faster rate than inflation by increasing capital and growing income. The focus of the portfolio is on global equities but investments are also made in bonds, property and other asset types.