Herald (LON:HRI – Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 2,160 ($27.14) and last traded at GBX 2,151.46 ($27.03), with a volume of 21054 shares changing hands. The stock had previously closed at GBX 2,125 ($26.70).
Herald Stock Performance
The firm has a fifty day moving average price of GBX 2,098.90 and a 200 day moving average price of GBX 1,950.42. The company has a market cap of £1.19 billion, a price-to-earnings ratio of 2,685.19 and a beta of 0.88.
Insider Transactions at Herald
In related news, insider Christopher Metcalfe purchased 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 25th. The shares were bought at an average price of GBX 2,077 ($26.09) per share, for a total transaction of £62,310 ($78,278.89). Insiders own 5.31% of the company’s stock.
About Herald
Herald Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Herald Investment Management Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the technology, telecommunications, and multi-media sectors.
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