Herald (LON:HRI) Trading 0.4% Higher – Should You Buy?

Herald (LON:HRI)’s share price rose 0.4% during mid-day trading on Monday . The company traded as high as GBX 2,425 and last traded at GBX 2,400. Approximately 57,349 shares traded hands during trading, a decline of 63% from the average daily volume of 156,483 shares. The stock had previously closed at GBX 2,390.

Herald Trading Up 0.4%

The business has a 50-day moving average of GBX 2,423.06 and a 200 day moving average of GBX 2,396.79. The firm has a market capitalization of £1.15 billion, a P/E ratio of 35.10 and a beta of 0.88.

Herald Company Profile

Herald Investment Trust’s objective is to achieve capital appreciation through investments in smaller quoted companies in the areas of technology and communications.

Investments may be made across the world. The business activities of investee companies will include information technology, broadcasting, printing and publishing and the supply of equipment and services to these companies.