Herald (LON:HRI) Sets New 12-Month High – Here’s What Happened

Shares of Herald (LON:HRI) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 3,290.74 and last traded at GBX 3,064.48, with a volume of 6198795 shares traded. The stock had previously closed at GBX 3,110.

Herald Stock Performance

The firm has a fifty day simple moving average of GBX 3,061.22 and a two-hundred day simple moving average of GBX 2,722.62. The firm has a market cap of £1.47 billion, a PE ratio of 15.48 and a beta of 0.98.

Herald Company Profile

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.