Scottish American Investment (LON:SAIN) Trading 0.2% Higher - What's Next?

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)'s share price traded up 0.2% during trading on Thursday . The stock traded as high as GBX 509 ($6.94) and last traded at GBX 508.04 ($6.92). 249,088 shares changed hands during mid-day trading, a decline of 22% from the average session volume of 320,399 shares. The stock had previously closed at GBX 507 ($6.91).

Scottish American Investment Trading Up 0.1%

The company has a quick ratio of 3.87, a current ratio of 4.03 and a debt-to-equity ratio of 9.75. The firm's 50-day simple moving average is GBX 511.70 and its 200 day simple moving average is GBX 503.85. The stock has a market capitalization of £850.25 million, a P/E ratio of 8,828.38 and a beta of 0.65.

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

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.