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

The Scottish American Investment Company P.L.C. (LON:SAIN)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 538 and last traded at GBX 536.04, with a volume of 309271 shares changing hands. The stock had previously closed at GBX 536.04.

Scottish American Investment Price Performance

The company has a market capitalization of £834.05 million, a PE ratio of 50.97 and a beta of 0.94. The company has a debt-to-equity ratio of 10.78, a current ratio of 2.05 and a quick ratio of 3.87. The stock’s 50 day simple moving average is GBX 511.22 and its 200-day simple moving average is GBX 512.36.

Scottish American Investment (LON:SAIN) last announced its quarterly earnings data on Friday, February 20th. The company reported GBX 16.65 earnings per share for the quarter. Scottish American Investment had a net margin of 73.02% and a return on equity of 1.97%.

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.