Herald (LON:HRI) Stock Price Up 0.2% – Here’s Why

Herald (LON:HRI) shares rose 0.2% during trading on Wednesday . The company traded as high as GBX 2,345 ($29.09) and last traded at GBX 2,315 ($28.72). Approximately 151,916 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 736,632 shares. The stock had previously closed at GBX 2,310 ($28.66).

Herald Trading Down 0.4 %

The company has a market capitalization of £1.24 billion, a price-to-earnings ratio of 690.27 and a beta of 0.88. The company has a 50 day moving average price of GBX 2,419.76 and a 200 day moving average price of GBX 2,232.67.

About Herald

Herald Investment Trust’s objective is to achieve capital appreciation through investments in smaller quoted companies in the areas of technology and communications.

Investments may be made across the world. The business activities of investee companies will include information technology, broadcasting, printing and publishing and the supply of equipment and services to these companies.