Scottish American Investment (LON:SAIN) Issues Quarterly Earnings Results

Scottish American Investment (LON:SAIN) issued its quarterly earnings data on Thursday. The company reported GBX 10.01 earnings per share for the quarter, Digital Look Earnings reports. Scottish American Investment had a return on equity of 1.97% and a net margin of 73.02%.

Scottish American Investment Trading Up 0.0%

Shares of LON SAIN traded up GBX 0.17 during trading hours on Thursday, hitting GBX 557.54. 377,403 shares of the company traded hands, compared to its average volume of 424,884. The company’s 50 day moving average price is GBX 544.23 and its 200 day moving average price is GBX 526.85. Scottish American Investment has a 12 month low of GBX 480.10 and a 12 month high of GBX 560. The stock has a market capitalization of £829.71 million, a price-to-earnings ratio of 53.00 and a beta of 0.95. The company has a current ratio of 2.05, a quick ratio of 3.87 and a debt-to-equity ratio of 10.78.

Scottish American Investment Company Profile

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. The equity portfolio is managed on a global basis and usually consists of between 50–100 stocks. In constructing the portfolio, little regard is paid to the composition of the equity indices.