Scottish American Investment (LON:SAIN) Sets New 52-Week High – Still a Buy?

The Scottish American Investment Company P.L.C. (LON:SAIN) shares reached a new 52-week high on Monday . The company traded as high as GBX 529 and last traded at GBX 525, with a volume of 167149 shares. The stock had previously closed at GBX 526.

Scottish American Investment Trading Down 0.2%

The company has a current ratio of 4.03, a quick ratio of 3.87 and a debt-to-equity ratio of 9.75. The firm has a 50-day moving average price of GBX 516.59 and a 200-day moving average price of GBX 511.19. The company has a market capitalization of £857.75 million, a price-to-earnings ratio of 92.27 and a beta of 0.65.

Scottish American Investment (LON:SAIN) last announced its earnings results on Friday, February 20th. The company reported GBX 16.65 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. The equity portfolio is managed on a global basis and usually consists of between 50–100 stocks. In constructing the portfolio, little regard is paid to the composition of the equity indices.