Scottish American Investment (LON:SAIN) Sets New 12-Month High – Time to Buy?

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

Scottish American Investment Trading Down 0.0%

The stock’s fifty day simple moving average is GBX 508.59 and its two-hundred day simple moving average is GBX 510.01. The firm has a market cap of £860.34 million, a PE ratio of 92.26 and a beta of 0.65. The company has a quick ratio of 3.87, a current ratio of 4.03 and a debt-to-equity ratio of 9.75.

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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