Herald (LON:HRI) Sets New 12-Month High – What’s Next?

Herald (LON:HRIGet Free Report)’s share price hit a new 52-week high on Monday . The company traded as high as GBX 3,050 and last traded at GBX 3,050, with a volume of 202583 shares trading hands. The stock had previously closed at GBX 3,025.24.

Herald Stock Performance

The stock has a market capitalization of £1.46 billion, a PE ratio of 15.30 and a beta of 0.96. The stock’s 50 day moving average is GBX 2,602.50 and its two-hundred day moving average is GBX 2,519.18.

Herald (LON:HRIGet Free Report) last released its earnings results on Monday, February 23rd. The company reported GBX 0.17 earnings per share for the quarter. Herald had a net margin of 86.00% and a return on equity of 7.67%.

About Herald

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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.

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