Scottish American Investment (LON:SAIN) Hits New 1-Year High – Here’s Why

The Scottish American Investment Company P.L.C. (LON:SAINGet Free Report) shares reached a new 52-week high on Wednesday . The stock traded as high as GBX 534 and last traded at GBX 533.55, with a volume of 245478 shares traded. The stock had previously closed at GBX 529.

Scottish American Investment Trading Up 0.9%

The company has a market capitalization of £851.51 million, a price-to-earnings ratio of 50.74 and a beta of 0.60. The business has a fifty day moving average price of GBX 510.60 and a 200 day moving average price of GBX 511.60. The company has a debt-to-equity ratio of 10.78, a current ratio of 2.05 and a quick ratio of 3.87.

Scottish American Investment (LON:SAINGet Free Report) last issued its quarterly earnings results on Friday, February 20th. The company reported GBX 16.65 EPS for the quarter. Scottish American Investment had a return on equity of 1.97% and a net margin of 73.02%.

Scottish American Investment Company Profile

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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.

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