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

Scottish Mortgage (LON:SMT) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 1,569.50 and last traded at GBX 1,553.97, with a volume of 8966161 shares trading hands. The stock had previously closed at GBX 1,554.50.

Scottish Mortgage Stock Performance

The stock has a fifty day simple moving average of GBX 1,432.88 and a 200-day simple moving average of GBX 1,402.22. The stock has a market cap of £16.49 billion, a P/E ratio of 5.65 and a beta of 1.07. The company has a debt-to-equity ratio of 11.62, a quick ratio of 0.53 and a current ratio of 0.31.

Insider Buying and Selling at Scottish Mortgage

In other news, insider Stephanie K. Leung acquired 339 shares of Scottish Mortgage stock in a transaction dated Thursday, July 2nd. The stock was bought at an average cost of GBX 1,466 per share, with a total value of £4,969.74. 0.13% of the stock is owned by corporate 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.