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

Herald (LON:HRI)’s stock price reached a new 52-week high on Thursday . The stock traded as high as GBX 3,290.74 and last traded at GBX 3,064.48, with a volume of 6198795 shares changing hands. The stock had previously closed at GBX 3,110.

Herald Price Performance

The firm has a market cap of £1.47 billion, a P/E ratio of 15.48 and a beta of 0.98. The stock’s 50-day simple moving average is GBX 3,061.22 and its two-hundred day simple moving average is GBX 2,722.62.

About Herald

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.