Scottish American Investment (LON:SAIN) Trading Up 0.4% – Here’s Why

The Scottish American Investment Company P.L.C. (LON:SAIN) was up 0.4% during trading on Monday . The stock traded as high as GBX 511 and last traded at GBX 508. Approximately 309,428 shares changed hands during trading, a decline of 11% from the average daily volume of 346,278 shares. The stock had previously closed at GBX 506.

Scottish American Investment Stock Performance

The stock’s 50-day simple moving average is GBX 519.60 and its 200 day simple moving average is GBX 511.89. The company has a market capitalization of £826.52 million, a PE ratio of 48.29 and a beta of 0.93.

Scottish American Investment (LON:SAIN) last released its quarterly earnings data on Friday, February 20th. The company reported GBX 16.65 earnings per share (EPS) for the quarter. Scottish American Investment had a net margin of 73.02% and a return on equity of 1.97%.

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.