Scottish Mortgage (LON:SMT) Hits New 1-Year High – Time to Buy?

Scottish Mortgage (LON:SMTGet Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 1,191 and last traded at GBX 1,185.50, with a volume of 414030 shares traded. The stock had previously closed at GBX 1,187.

Scottish Mortgage Stock Performance

The business has a fifty day simple moving average of GBX 1,113.34 and a 200 day simple moving average of GBX 1,090.32. The stock has a market cap of £12.96 billion, a price-to-earnings ratio of 3.85 and a beta of 0.75.

Scottish Mortgage (LON:SMTGet Free Report) last released its quarterly earnings results on Friday, November 7th. The company reported GBX 1.55 earnings per share for the quarter. Scottish Mortgage had a return on equity of 11.53% and a net margin of 94.48%.

Insider Transactions at Scottish Mortgage

In other news, insider Christopher Samuel purchased 4,358 shares of the firm’s stock in a transaction on Monday, December 15th. The shares were bought at an average cost of GBX 1,145 per share, with a total value of £49,899.10. Company insiders own 0.13% of the company’s stock.

About Scottish Mortgage

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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.

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