Scottish American Investment (LON:SAIN) Hits New 52-Week High – Here’s What Happened

Shares of The Scottish American Investment Company P.L.C. (LON:SAIN) reached a new 52-week high on Tuesday . The company traded as high as GBX 549.70 and last traded at GBX 549.70, with a volume of 30872 shares trading hands. The stock had previously closed at GBX 545.18.

Scottish American Investment Trading Up 0.9%

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 company has a market cap of £855.45 million, a P/E ratio of 52.28 and a beta of 0.60. The stock has a 50-day moving average of GBX 516.26 and a two-hundred day moving average of GBX 514.39.

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

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.