Herald (LON:HRI) Hits New 1-Year High – Here’s Why

Herald (LON:HRIGet Free Report) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 2,660 and last traded at GBX 2,625, with a volume of 167484 shares changing hands. The stock had previously closed at GBX 2,460.

Herald Stock Performance

The firm has a market capitalization of £1.27 billion, a P/E ratio of 38.68 and a beta of 0.88. The firm has a 50 day moving average price of GBX 2,405.51 and a two-hundred day moving average price of GBX 2,405.22.

About Herald

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Herald Investment Trust’s objective is to achieve capital appreciation through investments in smaller quoted companies in the areas of technology and communications.

Investments may be made across the world. The business activities of investee companies will include information technology, broadcasting, printing and publishing and the supply of equipment and services to these companies.

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