Scottish American Investment (LON:SAIN) Hits New 12-Month High – Here’s Why

The Scottish American Investment Company P.L.C. (LON:SAIN)’s share price reached a new 52-week high on Monday . The stock traded as high as GBX 572 and last traded at GBX 567.71, with a volume of 13275 shares traded. The stock had previously closed at GBX 568.63.

Scottish American Investment Price Performance

The stock has a 50 day moving average price of GBX 546.71 and a 200-day moving average price of GBX 529.63. The stock has a market capitalization of £826.35 million, a P/E ratio of 17.40 and a beta of 0.95.

Scottish American Investment (LON:SAIN) last released its earnings results on Thursday, July 30th. The company reported GBX 10.01 earnings per share for the quarter. Scottish American Investment had a return on equity of 6.08% and a net margin of 88.06%.

Scottish American Investment Company Profile

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.