The Scottish American Investment Company P.L.C. (LON:SAIN - Get Free Report) traded up 0.6% during mid-day trading on Friday . The company traded as high as GBX 512 ($6.65) and last traded at GBX 512 ($6.65). 398,152 shares were traded during trading, an increase of 53% from the average session volume of 261,059 shares. The stock had previously closed at GBX 509 ($6.61).
Scottish American Investment Price Performance
The company's 50 day simple moving average is GBX 509.34 and its 200 day simple moving average is GBX 509.69. The company has a current ratio of 4.03, a quick ratio of 3.87 and a debt-to-equity ratio of 9.75. The stock has a market capitalization of £913.00 million, a PE ratio of 1,024.00 and a beta of 0.65.
Scottish American Investment Increases Dividend
The firm also recently announced a dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, August 8th were paid a GBX 3.55 ($0.05) dividend. This is a positive change from Scottish American Investment's previous dividend of $3.45. This represents a yield of 0.68%. The ex-dividend date was Thursday, August 8th. Scottish American Investment's dividend payout ratio is presently 2,800.00%.
Scottish American Investment Company Profile
(
Get Free Report)
The Scottish American Investment Company P.L.C. is a closed-ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. The fund is co-managed by Baillie Gifford & Co and OLIM Property Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Scottish American Investment, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Scottish American Investment wasn't on the list.
While Scottish American Investment currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
