The Scottish American Investment Company P.L.C. (LON:SAIN – Get Free Report) shares traded down 0.5% during trading on Wednesday . The stock traded as low as GBX 538.46 and last traded at GBX 543. 1,096,842 shares were traded during trading, an increase of 159% from the average daily volume of 424,063 shares. The stock had previously closed at GBX 546.
Scottish American Investment Price Performance
The stock has a 50-day moving average price of GBX 541.49 and a two-hundred day moving average price of GBX 523.43. The company has a current ratio of 2.05, a quick ratio of 3.87 and a debt-to-equity ratio of 10.78. The stock has a market cap of £808.13 million, a price-to-earnings ratio of 51.62 and a beta of 0.62.
About Scottish American Investment
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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