Scottish American Investment (LON:SAIN) Trading Up 0.4% – Should You Buy?

Shares of The Scottish American Investment Company P.L.C. (LON:SAIN) rose 0.4% during mid-day trading on Tuesday . The stock traded as high as GBX 512 and last traded at GBX 511. Approximately 257,118 shares changed hands during trading, a decline of 24% from the average daily volume of 337,808 shares. The stock had previously closed at GBX 509.

Scottish American Investment Trading Up 0.4%

The firm has a 50 day moving average of GBX 506.87 and a 200 day moving average of GBX 508.63. The firm has a market cap of £844.06 million, a PE ratio of 89.81 and a beta of 0.65. The company has a quick ratio of 3.87, a current ratio of 4.03 and a debt-to-equity ratio of 9.75.

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.