Scottish American Investment (LON:SAIN) Sets New 1-Year High – Here’s Why

The Scottish American Investment Company P.L.C. (LON:SAIN) shares hit a new 52-week high on Wednesday . The stock traded as high as GBX 534 and last traded at GBX 533.55, with a volume of 245478 shares trading hands. The stock had previously closed at GBX 529.

Scottish American Investment Price Performance

The company has a quick ratio of 3.87, a current ratio of 2.05 and a debt-to-equity ratio of 10.78. The company has a market capitalization of £833.74 million, a P/E ratio of 50.95 and a beta of 0.60. The company’s 50-day simple moving average is GBX 510.93 and its 200 day simple moving average is GBX 512.

Scottish American Investment (LON:SAIN) last released its quarterly earnings results on Friday, February 20th. The company reported GBX 16.65 earnings per share for the quarter. Scottish American Investment had a net margin of 73.02% and a return on equity of 1.97%.

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. 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.