Scottish Oriental Smaller Cos (LON:SST) Trading 0.3% Higher After Insider Buying Activity

Scottish Oriental Smaller Cos (LON:SST - Get Free Report) shares rose 0.3% during trading on Wednesday after an insider bought additional shares in the company. The stock traded as high as GBX 296.13 ($4.01) and last traded at GBX 291 ($3.94). Approximately 128,052 shares traded hands during mid-day trading, an increase of 15% from the average daily volume of 111,497 shares. The stock had previously closed at GBX 290 ($3.93).

Specifically, insider Karen Roydon bought 33,552 shares of Scottish Oriental Smaller Cos stock in a transaction dated Wednesday, June 4th. The stock was acquired at an average cost of GBX 298 ($4.04) per share, with a total value of £99,984.96 ($135,499.34).

Scottish Oriental Smaller Cos Stock Performance

The company has a 50-day moving average of GBX 283.88 and a 200-day moving average of GBX 893.25. The stock has a market cap of £67.73 million, a price-to-earnings ratio of 1.11 and a beta of 0.37.

Scottish Oriental Smaller Cos (LON:SST - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The company reported GBX 0.23 ($0.00) earnings per share for the quarter. Scottish Oriental Smaller Cos had a return on equity of 28.42% and a net margin of 77.82%.

Scottish Oriental Smaller Cos Company Profile

The Scottish Oriental Smaller Companies Trust plc is a closed-ended equity mutual fund launched and managed by First Sentier Investors (UK) Funds Limited. It is co-managed by First State Investment Management (UK) Limited. The fund invests in the public equity markets of Asia, excluding Japan and Australasia.

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