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

Scottish American Investment Stock Performance

LON:SAIN traded up GBX 1.47 ($0.02) during trading hours on Thursday, reaching GBX 511.47 ($6.88). The company had a trading volume of 192,708 shares, compared to its average volume of 328,054. The firm has a market cap of £894.34 million, a price-to-earnings ratio of 10.26 and a beta of 0.65. The company has a current ratio of 4.03, a quick ratio of 3.87 and a debt-to-equity ratio of 9.75. The firm's 50 day moving average price is GBX 509.02 and its 200-day moving average price is GBX 505.67. Scottish American Investment has a 52 week low of GBX 427.04 ($5.74) and a 52 week high of GBX 525.98 ($7.07).

About Scottish American Investment

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.