Scottish American Investment (LON:SAIN) Sets New 52-Week High – Here’s What Happened

The Scottish American Investment Company P.L.C. (LON:SAINGet Free Report) shares hit a new 52-week high on Thursday . The stock traded as high as GBX 526 and last traded at GBX 525, with a volume of 274077 shares. The stock had previously closed at GBX 519.

Scottish American Investment Price Performance

The company’s 50-day simple moving average is GBX 507.52 and its 200 day simple moving average is GBX 509.79. The company has a market cap of £861.17 million, a PE ratio of 92.35 and a beta of 0.65. The company has a debt-to-equity ratio of 9.75, a quick ratio of 3.87 and a current ratio of 4.03.

About Scottish American Investment

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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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