Scottish American Investment (LON:SAIN) Trading 0.6% Higher - Here's What Happened

Key Points

• The shares of Scottish American Investment (LON:SAIN) increased by 0.6%, trading at GBX 515 ($6.93), following a decline in trading volume down by 51% from average levels.
• The company has a market capitalization of £900.51 million and reported a significant net margin of 115.71% with an earnings per share (EPS) of GBX 8.79 for the last quarter.
• Scottish American Investment aims to be a core investment for private investors, focusing on global equities and a diversified portfolio including bonds and property to grow its dividend at a rate faster than inflation.

The Scottish American Investment Company P.L.C. (LON:SAIN - Get Free Report) shot up 0.6% during mid-day trading on Wednesday . The stock traded as high as GBX 515 ($6.96) and last traded at GBX 515 ($6.96). 156,861 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 321,978 shares. The stock had previously closed at GBX 512 ($6.92).

Scottish American Investment Stock Up 1.2%

The stock's fifty day moving average is GBX 510.38 and its two-hundred day moving average is GBX 505.16. 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 has a market cap of £904.01 million, a P/E ratio of 10.37 and a beta of 0.65.

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

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.