Scottish Mortgage (LON:SMT) Reaches New 12-Month High – Still a Buy?

Shares of Scottish Mortgage (LON:SMT) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 1,276.50 and last traded at GBX 1,267, with a volume of 2383509 shares traded. The stock had previously closed at GBX 1,255.50.

Scottish Mortgage Stock Performance

The stock’s 50-day moving average price is GBX 1,173.50 and its two-hundred day moving average price is GBX 1,128.87. The stock has a market capitalization of £13.54 billion, a P/E ratio of 4.06 and a beta of 0.75.

Scottish Mortgage (LON:SMT) last posted its quarterly earnings results on Friday, November 7th. The company reported GBX 1.55 EPS for the quarter. Scottish Mortgage had a net margin of 94.48% and a return on equity of 11.53%.

Insider Buying and Selling at Scottish Mortgage

In other news, insider Christopher Samuel acquired 4,358 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The stock was bought at an average price of GBX 1,145 per share, with a total value of £49,899.10. Insiders own 0.13% of the company’s stock.

About Scottish Mortgage

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.