Scottish Mortgage (LON:SMT – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,336.94 and traded as low as GBX 1,298. Scottish Mortgage shares last traded at GBX 1,315, with a volume of 1,753,450 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group reaffirmed a “buy” rating on shares of Scottish Mortgage in a report on Thursday, May 21st. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Scottish Mortgage presently has an average rating of “Buy”.
Scottish Mortgage Stock Performance
Scottish Mortgage (LON:SMT – Get Free Report) last posted its earnings results on Wednesday, May 27th. The company reported GBX 2.28 earnings per share for the quarter. Scottish Mortgage had a net margin of 97.38% and a return on equity of 22.34%. The firm had revenue of GBX 3,311 million for the quarter.
Insider Buying and Selling
In related news, insider Stephanie K. Leung acquired 339 shares of Scottish Mortgage stock in a transaction on Thursday, July 2nd. The shares were bought at an average cost of GBX 1,466 per share, with a total value of £4,969.74. Corporate insiders own 0.13% of the company’s stock.
Scottish Mortgage Company Profile
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.
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