Scottish American Investment (LON:SAIN) Stock Price Up 0.2% - Should You Buy?

Key Points

• The stock price of Scottish American Investment (LON:SAIN) increased by 0.2%, closing at GBX 508.04 ($6.90) after trading as high as GBX 509 ($6.91).
• The company reported GBX 8.79 earnings per share with a return on equity of 9.33% and impressive net margin of 115.71%.
• Scottish American Investment aims to serve as a core investment for income-seeking investors, focusing on growing dividends faster than inflation through a diversified portfolio.

The Scottish American Investment Company P.L.C. (LON:SAIN - Get Free Report) shot up 0.2% during mid-day trading on Thursday . The company traded as high as GBX 509 ($6.91) and last traded at GBX 508.04 ($6.90). 249,088 shares traded hands during trading, a decline of 22% from the average session volume of 320,399 shares. The stock had previously closed at GBX 507 ($6.88).

Scottish American Investment Price Performance

The company has a 50-day moving average of GBX 512.16 and a 200-day moving average of GBX 504.23. 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 stock has a market cap of £859.91 million, a price-to-earnings ratio of 8,928.65 and a beta of 0.65.

Scottish American Investment (LON:SAIN - Get Free Report) last announced its earnings results on Tuesday, August 5th. The company reported GBX 8.79 earnings per share for the quarter. Scottish American Investment had a return on equity of 9.33% and a net margin of 115.71%.

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.

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