Scottish American Investment (LON:SCAM) Shares Pass Above 50-Day Moving Average of $417.50

The Scottish American Investment Co PLC (LON:SCAMGet Free Report)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 417.50 ($5.51) and traded as high as GBX 418.67 ($5.52). Scottish American Investment shares last traded at GBX 417.50 ($5.51), with a volume of 170,822 shares changing hands.

Scottish American Investment Price Performance

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

Scottish American Investment Company Profile

(Get Free Report)

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.

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