Scottish American Investment (LON:SAIN) Announces Earnings Results

Scottish American Investment (LON:SAIN) issued its earnings results on Thursday. The company reported GBX 10.01 EPS for the quarter, Digital Look Earnings reports. Scottish American Investment had a return on equity of 1.97% and a net margin of 73.02%.

Scottish American Investment Stock Up 0.0%

Shares of LON SAIN traded up GBX 0.17 during trading hours on Thursday, hitting GBX 557.54. The stock had a trading volume of 377,403 shares, compared to its average volume of 424,884. The firm’s 50-day moving average price is GBX 544.23 and its two-hundred day moving average price is GBX 526.85. Scottish American Investment has a 52 week low of GBX 480.10 and a 52 week high of GBX 560. The company has a market capitalization of £829.71 million, a P/E ratio of 53.00 and a beta of 0.95. The company has a debt-to-equity ratio of 10.78, a quick ratio of 3.87 and a current ratio of 2.05.

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.