Scottish Mortgage (LON:SMT) Hits New 12-Month High – Should You Buy?

Scottish Mortgage (LON:SMT) reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 1,181.22 and last traded at GBX 1,179.29, with a volume of 78646000 shares traded. The stock had previously closed at GBX 1,171.50.

Scottish Mortgage Trading Up 0.5%

The stock has a market capitalization of £12.86 billion, a price-to-earnings ratio of 3.83 and a beta of 0.75. The company has a fifty day moving average of GBX 1,108.91 and a two-hundred day moving average of GBX 1,084.47.

Scottish Mortgage (LON:SMT) last posted its quarterly earnings results on Friday, November 7th. The company reported GBX 1.55 earnings per share for the quarter. Scottish Mortgage had a net margin of 94.48% and a return on equity of 11.53%.

Insider Transactions at Scottish Mortgage

In other news, insider Christopher Samuel bought 1,833 shares of the firm’s stock in a transaction on Monday, December 15th. The shares were purchased at an average cost of GBX 1,148 per share, with a total value of £21,042.84. 0.13% of the stock is owned by company insiders.

About Scottish Mortgage

Scottish Mortgage is a portfolio of what we believe are the world’s most exciting growth companies. We believe that a few exceptional companies will make a positive impact on shareholders’ returns and society as a whole. Explore our website and you’ll discover what we mean by investing in progress, how we find and support the companies shaping the future, and how you can be a part of it.