Scottish American Investment (LON:SAIN) Hits New 52-Week High – Here’s What Happened

Shares of The Scottish American Investment Company P.L.C. (LON:SAIN) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 561 and last traded at GBX 560.41, with a volume of 317319 shares. The stock had previously closed at GBX 554.39.

Scottish American Investment Stock Performance

The company has a market cap of £845.70 million, a P/E ratio of 17.49 and a beta of 0.95. The business’s fifty day moving average is GBX 545.27 and its two-hundred day moving average is GBX 528.01.

Scottish American Investment (LON:SAIN) last issued its earnings results on Thursday, July 30th. The company reported GBX 10.01 EPS for the quarter. Scottish American Investment had a net margin of 88.06% and a return on equity of 6.08%.

Scottish American Investment Company Profile

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. The equity portfolio is managed on a global basis and usually consists of between 50–100 stocks. In constructing the portfolio, little regard is paid to the composition of the equity indices.