Scottish American Investment (LON:SAIN) Trading 0.1% Higher – Here’s What Happened

The Scottish American Investment Company P.L.C. (LON:SAINGet Free Report)’s share price shot up 0.1% during mid-day trading on Tuesday . The stock traded as high as GBX 507 and last traded at GBX 506.39. 496,468 shares changed hands during mid-day trading, an increase of 47% from the average session volume of 338,510 shares. The stock had previously closed at GBX 506.

Scottish American Investment Stock Performance

The company has a debt-to-equity ratio of 9.75, a current ratio of 4.03 and a quick ratio of 3.87. The company has a market cap of £836.44 million, a price-to-earnings ratio of 89.00 and a beta of 0.65. The stock has a 50-day moving average price of GBX 507.83 and a 200 day moving average price of GBX 508.41.

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.

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