Scottish American Investment (LON:SAIN) Shares Down 0.2% – Here’s Why

The Scottish American Investment Company P.L.C. (LON:SAIN)’s stock price was down 0.2% on Tuesday. The company traded as low as GBX 559 and last traded at GBX 559. 179,859 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 546,080 shares. The stock had previously closed at GBX 560.

Scottish American Investment Stock Performance

The firm has a market cap of £809.16 million, a PE ratio of 17.42 and a beta of 0.94. The company has a 50 day simple moving average of GBX 556.13 and a 200-day simple moving average of GBX 542.45. The company has a debt-to-equity ratio of 11.44, a current ratio of 1.43 and a quick ratio of 3.87.

Scottish American Investment (LON:SAIN) last posted its quarterly earnings results on Thursday, July 30th. The company reported GBX 10.01 EPS for the quarter. Scottish American Investment had a net margin of 88.06% and a return on equity of 6.08%.

Scottish American Investment Company Profile

The Trust aims to be a core investment for private investors seeking income. Its objective is to grow the dividend at a faster rate than inflation by increasing capital and growing income. The focus of the portfolio is on global equities but investments are also made in bonds, property and other asset types. The equity portfolio is managed on a global basis and usually consists of between 50–100 stocks. In constructing the portfolio, little regard is paid to the composition of the equity indices.