Scottish American Investment (LON:SAIN) Trading Up 0.2% – Time to Buy?

The Scottish American Investment Company P.L.C. (LON:SAIN)’s stock price was up 0.2% during mid-day trading on Friday . The stock traded as high as GBX 515 ($6.94) and last traded at GBX 514 ($6.93). Approximately 390,435 shares traded hands during mid-day trading, an increase of 20% from the average daily volume of 324,700 shares. The stock had previously closed at GBX 513 ($6.92).

Scottish American Investment Price Performance

The company has a debt-to-equity ratio of 9.75, a current ratio of 4.03 and a quick ratio of 3.87. The company’s 50-day simple moving average is GBX 509.88 and its 200-day simple moving average is GBX 504.12. The company has a market cap of £870.00 million, a price-to-earnings ratio of 9,033.39 and a beta of 0.65.

Scottish American Investment (LON:SAIN) last posted its quarterly earnings data on Tuesday, August 5th. The company reported GBX 8.79 earnings per share for the quarter. Scottish American Investment had a return on equity of 9.33% and a net margin of 115.71%.

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.