Scottish American Investment (LON:SAIN) Posts Earnings Results

Scottish American Investment (LON:SAIN) released its earnings results on Thursday. The company reported GBX 10.01 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Scottish American Investment had a return on equity of 1.97% and a net margin of 73.02%.

Scottish American Investment Price Performance

SAIN stock traded up GBX 0.17 during mid-day trading on Thursday, hitting GBX 557.54. The company had a trading volume of 377,403 shares, compared to its average volume of 424,884. The company has a 50-day moving average price of GBX 544.23 and a 200 day moving average price of GBX 526.85. Scottish American Investment has a 12-month low of GBX 480.10 and a 12-month high of GBX 560. The company has a market capitalization of £829.71 million, a price-to-earnings ratio of 53.00 and a beta of 0.95. The company has a quick ratio of 3.87, a current ratio of 2.05 and a debt-to-equity ratio of 10.78.

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.