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

Scottish Mortgage (LON:SMT) hit a new 52-week high 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 reaffirmed 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, Scottish Mortgage presently has an average rating of “Buy”.

Scottish Mortgage Price Performance

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

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

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.