Scottish American Investment (LON:SAIN) Posts Quarterly Earnings Results

Scottish American Investment (LON:SAIN) posted its quarterly earnings data on Thursday. The company reported GBX 10.01 earnings per share 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 Trading Down 0.6%

LON:SAIN opened at GBX 554.39 on Friday. Scottish American Investment has a 52 week low of GBX 480.10 and a 52 week high of GBX 561. The stock has a market cap of £825.03 million, a price-to-earnings ratio of 52.70 and a beta of 0.95. The company’s 50 day moving average price is GBX 544.67 and its 200-day moving average price is GBX 527.32. The company has a quick ratio of 3.87, a current ratio of 2.05 and a debt-to-equity ratio of 10.78.

Scottish American Investment Company Profile

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.