Scottish American Investment (LON:SAIN) Sets New 52-Week High – Time to Buy?

The Scottish American Investment Company P.L.C. (LON:SAIN) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 538 and last traded at GBX 536.04, with a volume of 309271 shares trading hands. The stock had previously closed at GBX 536.04.

Scottish American Investment Stock Performance

The company has a debt-to-equity ratio of 10.78, a quick ratio of 3.87 and a current ratio of 2.05. The firm’s 50 day simple moving average is GBX 511.52 and its 200 day simple moving average is GBX 512.67. The firm has a market capitalization of £836.78 million, a price-to-earnings ratio of 51.14 and a beta of 0.94.

Scottish American Investment (LON:SAIN) last announced its quarterly earnings data on Friday, February 20th. The company reported GBX 16.65 EPS for the quarter. Scottish American Investment had a net margin of 73.02% and a return on equity of 1.97%.

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.