Scottish American Investment (LON:SAIN) Announces Earnings Results

Key Points

• Scottish American Investment reported quarterly earnings of GBX 8.79 ($0.12) per share, with a remarkable net margin of 115.71% and a return on equity of 9.33%.
• The company's stock price increased by 0.5% during midday trading, reaching GBX 512.51 ($6.81), with a market capitalization of £896.16 million.
• Scottish American Investment aims to provide a core investment for private investors by growing dividends at a rate faster than inflation through diverse investments in global equities, bonds, and property.

Scottish American Investment (LON:SAIN - Get Free Report) posted its quarterly earnings results on Tuesday. The company reported GBX 8.79 ($0.12) EPS for the quarter, Digital Look Earnings reports. Scottish American Investment had a return on equity of 9.33% and a net margin of 115.71%.

Scottish American Investment Price Performance

Shares of LON SAIN traded up GBX 0.17 ($0.00) during midday trading on Friday, reaching GBX 511.17 ($6.88). The company's stock had a trading volume of 136,580 shares, compared to its average volume of 326,802. Scottish American Investment has a fifty-two week low of GBX 427.04 ($5.74) and a fifty-two week high of GBX 525.98 ($7.07). The company has a market cap of £893.82 million, a P/E ratio of 10.25 and a beta of 0.65. The company has a debt-to-equity ratio of 9.75, a quick ratio of 3.87 and a current ratio of 4.03. The business's 50 day moving average price is GBX 509.11 and its two-hundred day moving average price is GBX 505.65.

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.