The Scottish American Investment Company P.L.C. (LON:SAIN – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday. The stock traded as high as GBX 572 and last traded at GBX 571, with a volume of 176,906 shares changing hands. The stock had previously closed at GBX 564.
Scottish American Investment Stock Down 0.4%
The company’s 50-day simple moving average is GBX 556.22 and its two-hundred day simple moving average is GBX 538.75. The firm has a market capitalization of £804.79 million, a P/E ratio of 17.48 and a beta of 0.94. The company has a debt-to-equity ratio of 11.44, a current ratio of 1.43 and a quick ratio of 3.87.
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.
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