Scottish Oriental Smaller Cos (LON:SST) Stock Price Up 0.3% Following Insider Buying Activity

Scottish Oriental Smaller Cos (LON:SST)’s stock price rose 0.3% during trading on Wednesday after an insider bought additional shares in the company. The company traded as high as GBX 296.13 ($4.01) and last traded at GBX 291 ($3.94). Approximately 128,052 shares changed hands during mid-day trading, an increase of 15% from the average daily volume of 111,497 shares. The stock had previously closed at GBX 290 ($3.93).

Specifically, insider Karen Roydon purchased 33,552 shares of the company’s stock in a transaction that occurred on Wednesday, June 4th. The stock was purchased at an average cost of GBX 298 ($4.04) per share, for a total transaction of £99,984.96 ($135,499.34).

Scottish Oriental Smaller Cos Stock Up 0.3%

The stock has a market capitalization of £67.73 million, a PE ratio of 1.11 and a beta of 0.37. The company has a 50-day moving average of GBX 283.88 and a 200 day moving average of GBX 893.25.

Scottish Oriental Smaller Cos (LON:SST) last issued its quarterly earnings results on Thursday, May 1st. The company reported GBX 0.23 ($0.00) EPS for the quarter. Scottish Oriental Smaller Cos had a return on equity of 28.42% and a net margin of 77.82%.

About Scottish Oriental Smaller Cos

The Scottish Oriental Smaller Companies Trust plc is a closed-ended equity mutual fund launched and managed by First Sentier Investors (UK) Funds Limited. It is co-managed by First State Investment Management (UK) Limited. The fund invests in the public equity markets of Asia, excluding Japan and Australasia.