Herald (LON:HRI) Sets New 52-Week High – Should You Buy?

Shares of Herald (LON:HRIGet Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 2,450 ($31.22) and last traded at GBX 2,438.02 ($31.07), with a volume of 100061 shares changing hands. The stock had previously closed at GBX 2,445.20 ($31.16).

Herald Trading Down 0.8 %

The firm has a market capitalization of £1.28 billion, a price-to-earnings ratio of 721.24 and a beta of 0.88. The company’s 50 day moving average is GBX 2,170.21 and its 200-day moving average is GBX 2,164.47.

Herald Company Profile

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Herald Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Herald Investment Management Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the technology, telecommunications, and multi-media sectors.

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