Scottish Mortgage (LON:SMT) Releases Earnings Results

Scottish Mortgage (LON:SMT) posted its quarterly earnings results on Friday. The company reported GBX 1.55 earnings per share for the quarter, Digital Look Earnings reports. Scottish Mortgage had a return on equity of 11.53% and a net margin of 94.48%.

Scottish Mortgage Stock Down 1.7%

SMT traded down GBX 19 on Friday, hitting GBX 1,077.50. 4,243,961 shares of the company traded hands, compared to its average volume of 2,889,257. The company has a 50 day moving average of GBX 1,127.23 and a 200-day moving average of GBX 1,055.51. Scottish Mortgage has a 12-month low of GBX 778.14 and a 12-month high of GBX 1,179. The stock has a market capitalization of £11.92 billion, a PE ratio of 11.39 and a beta of 0.75.

About Scottish Mortgage

Scottish Mortgage is a portfolio of what we believe are the world’s most exciting growth companies. We believe that a few exceptional companies will make a positive impact on shareholders’ returns and society as a whole. Explore our website and you’ll discover what we mean by investing in progress, how we find and support the companies shaping the future, and how you can be a part of it.