Herald (LON:HRI) Sets New 12-Month High – Still a Buy?

Shares of Herald (LON:HRIGet Free Report) reached a new 52-week high on Monday . The company traded as high as GBX 2,306.70 ($29.00) and last traded at GBX 2,306.70 ($29.00), with a volume of 128773 shares. The stock had previously closed at GBX 2,280 ($28.66).

Herald Stock Performance

The business’s 50 day simple moving average is GBX 2,120.23 and its 200-day simple moving average is GBX 2,152.98. The stock has a market capitalization of £1.23 billion, a price-to-earnings ratio of 687.32 and a beta of 0.88.

About Herald

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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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