Herald (LON:HRI) Releases Quarterly Earnings Results

Herald (LON:HRIGet Free Report) released its earnings results on Thursday. The company reported GBX 4.96 ($0.06) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Herald had a return on equity of 14.78% and a net margin of 107.72%.

Herald Stock Down 0.4 %

LON:HRI opened at GBX 2,325 ($29.46) on Friday. The stock’s 50-day simple moving average is GBX 2,403.07 and its 200 day simple moving average is GBX 2,240.79. The firm has a market capitalization of £1.17 billion, a PE ratio of 6.71 and a beta of 0.88. Herald has a twelve month low of GBX 1,986.34 ($25.17) and a twelve month high of GBX 2,570 ($32.56).

About Herald

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Herald Investment Trust’s objective is to achieve capital appreciation through investments in smaller quoted companies in the areas of technology and communications.

Investments may be made across the world. The business activities of investee companies will include information technology, broadcasting, printing and publishing and the supply of equipment and services to these companies.

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