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

Shares of Scottish Mortgage (LON:SMT) hit a new 52-week high on Wednesday . The stock traded as high as GBX 1,220.50 and last traded at GBX 1,220.23, with a volume of 4606319 shares trading hands. The stock had previously closed at GBX 1,210.

Scottish Mortgage Price Performance

The stock has a market capitalization of £13.66 billion, a P/E ratio of 4.08 and a beta of 0.75. The company has a fifty day moving average of GBX 1,156.91 and a two-hundred day moving average of GBX 1,122.92.

Scottish Mortgage (LON:SMT) last announced its quarterly earnings data on Friday, November 7th. The company reported GBX 1.55 earnings per share 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 related news, insider Christopher Samuel purchased 1,833 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The shares were purchased at an average price of GBX 1,148 per share, with a total value of £21,042.84. 0.13% of the stock is currently owned by corporate insiders.

Scottish Mortgage Company Profile

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.