Scottish American Investment (LON:SCAM) Stock Passes Above Fifty Day Moving Average of $417.50

The Scottish American Investment Co PLC (LON:SCAM – Get Rating)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 417.50 ($5.09) and traded as high as GBX 418.67 ($5.11). Scottish American Investment shares last traded at GBX 417.50 ($5.09), with a volume of 170,822 shares.

Scottish American Investment Price Performance

The company has a quick ratio of 3.80, a current ratio of 3.80 and a debt-to-equity ratio of 14.49. The stock has a market cap of £603.25 million and a price-to-earnings ratio of 9.08. The company’s 50-day moving average is GBX 417.50 and its 200-day moving average is GBX 417.50.

About Scottish American Investment

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The Scottish American Investment Company P.L.C. is a closed-ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. The fund is co-managed by Baillie Gifford & Co and OLIM Property Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.