Scottish Mortgage (LON:SMT) Insider Purchases 339 Shares of Stock

Scottish Mortgage (LON:SMT) insider Stephanie Leung acquired 339 shares of the firm’s stock in a transaction on Thursday, July 2nd. The stock was purchased at an average price of GBX 1,466 per share, with a total value of £4,969.74.

Scottish Mortgage Trading Down 1.1%

SMT stock opened at GBX 1,469.03 on Thursday. Scottish Mortgage has a 52-week low of GBX 1,015.74 and a 52-week high of GBX 1,563. The company has a quick ratio of 0.53, a current ratio of 0.31 and a debt-to-equity ratio of 11.62. The firm has a market cap of £16.44 billion, a P/E ratio of 5.34 and a beta of 0.83. The company’s 50-day simple moving average is GBX 1,452.53 and its 200-day simple moving average is GBX 1,304.82.

Scottish Mortgage (LON:SMT) last announced its quarterly earnings results on Wednesday, May 27th. The company reported GBX 2.28 earnings per share for the quarter. The firm had revenue of GBX 3,311 million during the quarter. Scottish Mortgage had a return on equity of 22.34% and a net margin of 97.38%.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group restated a “buy” rating on shares of Scottish Mortgage in a research report on Thursday, May 21st. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, Scottish Mortgage presently has an average rating of “Buy”.

About Scottish Mortgage

Scottish Mortgage is a portfolio of what we believe are the world’s most exciting growth companies. We believe that a few exceptional companies will make a positive impact on shareholders’ returns and society as a whole. Explore our website and you’ll discover what we mean by investing in progress, how we find and support the companies shaping the future, and how you can be a part of it.