Scottish Mortgage (LON:SMT) Hits New 12-Month High - What's Next?

Key Points

• Scottish Mortgage (LON:SMT) reached a new 52-week high during trading, hitting GBX 1,160 ($15.55) at its peak on Thursday.
• The company's current market capitalization stands at £12.88 billion, with an impressive price-to-earnings ratio of 1,209.69.
• Scottish Mortgage focuses on investing in what it believes are the world's most exciting growth companies, aiming to positively impact both shareholders' returns and society.

Scottish Mortgage (LON:SMT - ) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 1,160 ($15.55) and last traded at GBX 1,158.14 ($15.52), with a volume of 4167621 shares traded. The stock had previously closed at GBX 1,151 ($15.43).

Scottish Mortgage Stock Performance

The company has a 50-day simple moving average of GBX 1,104.69 and a 200-day simple moving average of GBX 1,019.92. The company has a market cap of £12.88 billion, a price-to-earnings ratio of 1,209.69 and a beta of 0.75.

About Scottish Mortgage

Scottish Mortgage is a portfolio of what we believe are the world's most exciting growth companies. We believe that a few exceptional companies will make a positive impact on shareholders' returns and society as a whole. Explore our website and you'll discover what we mean by investing in progress, how we find and support the companies shaping the future, and how you can be a part of it.

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