Scottish Mortgage (LON:SMT) Hits New 1-Year High – Here’s Why

Scottish Mortgage (LON:SMTGet Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 1,476 and last traded at GBX 1,461.50, with a volume of 6008977 shares. The stock had previously closed at GBX 1,436.50.

Scottish Mortgage Price Performance

The company’s fifty day moving average is GBX 1,328.12 and its 200-day moving average is GBX 1,224.18. The stock has a market cap of £16.28 billion, a PE ratio of 4.88 and a beta of 1.14.

About Scottish Mortgage

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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.

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