Scottish American Investment (LON:SAIN) Sets New 1-Year High – Still a Buy?

The Scottish American Investment Company P.L.C. (LON:SAIN)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 526 and last traded at GBX 525, with a volume of 274077 shares. The stock had previously closed at GBX 519.

Scottish American Investment Price Performance

The firm has a market capitalization of £861.17 million, a price-to-earnings ratio of 92.35 and a beta of 0.65. The stock’s fifty day moving average price is GBX 507.52 and its two-hundred day moving average price is GBX 509.79. The company has a current ratio of 4.03, a quick ratio of 3.87 and a debt-to-equity ratio of 9.75.

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.