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

The Scottish American Investment Company P.L.C. (LON:SAIN)’s stock price hit a new 52-week high on Monday . The stock traded as high as GBX 544 and last traded at GBX 540.68, with a volume of 385365 shares trading hands. The stock had previously closed at GBX 542.

Scottish American Investment Trading Down 0.2%

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 has a 50 day simple moving average of GBX 512.40 and a two-hundred day simple moving average of GBX 512.97. The firm has a market capitalization of £840.95 million, a P/E ratio of 51.40 and a beta of 0.94.

Scottish American Investment (LON:SAIN) last posted its earnings results 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%.

Scottish American Investment Company Profile

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.