Scottish Mortgage (LON:SMT) Hits New 12-Month High – What’s Next?

Scottish Mortgage (LON:SMT) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 1,563 and last traded at GBX 1,521.87, with a volume of 4985345 shares traded. The stock had previously closed at GBX 1,522.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group restated a “buy” rating on shares of Scottish Mortgage in a research report on Thursday, May 21st. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Scottish Mortgage presently has an average rating of “Buy”.

Scottish Mortgage Trading Down 0.0%

The company has a debt-to-equity ratio of 11.62, a current ratio of 0.31 and a quick ratio of 0.53. The company has a market cap of £16.50 billion, a price-to-earnings ratio of 4.95 and a beta of 1.15. The business has a 50 day simple moving average of GBX 1,378.36 and a 200 day simple moving average of GBX 1,245.64.

Scottish Mortgage (LON:SMT) last issued its quarterly earnings results on Wednesday, May 27th. The company reported GBX 2.28 earnings per share (EPS) for the quarter. The business had revenue of GBX 3,311 million for the quarter. Scottish Mortgage had a return on equity of 22.34% and a net margin of 97.38%.

About Scottish Mortgage

Scottish Mortgage is a portfolio of what we believe are the world’s most exciting growth companies. We believe that a few exceptional companies will make a positive impact on shareholders’ returns and society as a whole. Explore our website and you’ll discover what we mean by investing in progress, how we find and support the companies shaping the future, and how you can be a part of it.