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

The Scottish American Investment Company P.L.C. (LON:SAIN)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 559 and last traded at GBX 559, with a volume of 371833 shares traded. The stock had previously closed at GBX 551.

Scottish American Investment Stock Performance

The company has a debt-to-equity ratio of 10.78, a current ratio of 2.05 and a quick ratio of 3.87. The firm has a market capitalization of £829.71 million, a PE ratio of 53.00 and a beta of 0.95. The firm has a fifty day moving average price of GBX 544.23 and a 200 day moving average price of GBX 526.85.

Scottish American Investment (LON:SAIN) last issued its quarterly earnings results on Thursday, July 30th. The company reported GBX 10.01 earnings per share for the quarter. Scottish American Investment had a return on equity of 1.97% and a net margin of 73.02%.

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.