Scottish Mortgage (LON:SMT) Hits New 52-Week High – What’s Next?

Scottish Mortgage (LON:SMT)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 1,276.50 and last traded at GBX 1,267, with a volume of 2383509 shares trading hands. The stock had previously closed at GBX 1,255.50.

Scottish Mortgage Trading Up 1.2%

The firm’s fifty day moving average is GBX 1,165.93 and its 200-day moving average is GBX 1,126.78. The stock has a market capitalization of £13.95 billion, a PE ratio of 4.17 and a beta of 0.75.

Scottish Mortgage (LON:SMT) last announced its earnings results on Friday, November 7th. The company reported GBX 1.55 earnings per share for the quarter. Scottish Mortgage had a net margin of 94.48% and a return on equity of 11.53%.

Insider Transactions at Scottish Mortgage

In other news, insider Christopher Samuel purchased 1,833 shares of the firm’s stock in a transaction on Monday, December 15th. The shares were bought at an average cost of GBX 1,148 per share, for a total transaction of £21,042.84. 0.13% of the stock is currently owned by insiders.

Scottish Mortgage Company Profile

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.