Scottish American Investment (LON:SAIN) Sets New 12-Month High – Still a Buy?

The Scottish American Investment Company P.L.C. (LON:SAINGet Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 528 and last traded at GBX 523.86, with a volume of 161082 shares. The stock had previously closed at GBX 525.

Scottish American Investment Stock Performance

The firm has a 50-day moving average price of GBX 513.66 and a two-hundred day moving average price of GBX 510.61. The firm has a market capitalization of £857.75 million, a P/E ratio of 92.27 and a beta of 0.65. The company has a debt-to-equity ratio of 9.75, a current ratio of 4.03 and a quick ratio of 3.87.

Scottish American Investment Company Profile

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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.

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