Scottish Mortgage (LON:SMT) Sets New 52-Week High - Here's What Happened

Key Points

• Scottish Mortgage reached a new 52-week high, trading at GBX 1,149 ($15.49) amidst high trading volume of 5,571,809 shares.
• The company has a market capitalization of £13.00 billion and a price-to-earnings ratio of 1,212.93, indicating a potential for high growth.
• Scottish Mortgage focuses on investing in a portfolio of what it describes as the world's most exciting growth companies, aiming for strong returns for shareholders.

Scottish Mortgage (LON:SMT - ) hit a new 52-week high on Thursday . The company traded as high as GBX 1,149 ($15.49) and last traded at GBX 1,148.50 ($15.48), with a volume of 5571809 shares trading hands. The stock had previously closed at GBX 1,138.50 ($15.35).

Scottish Mortgage Price Performance

The stock has a 50 day moving average price of GBX 1,098.60 and a two-hundred day moving average price of GBX 1,013.92. The firm has a market capitalization of £13.00 billion, a price-to-earnings ratio of 1,212.93 and a beta of 0.75.

Scottish Mortgage Company Profile

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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