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Scottish Mortgage (LON:SMT) Reaches New 52-Week High - Here's Why

Scottish Mortgage logo with Financial Services background

Scottish Mortgage (LON:SMT - Get Free Report) shares hit a new 52-week high on Thursday . The company traded as high as GBX 1,112.20 ($13.99) and last traded at GBX 1,109 ($13.95), with a volume of 3068675 shares traded. The stock had previously closed at GBX 1,097 ($13.80).

Scottish Mortgage Stock Performance

The company has a 50-day moving average of GBX 1,012.82 and a 200-day moving average of GBX 914.69. The stock has a market capitalization of £13.84 billion, a price-to-earnings ratio of 11.61 and a beta of 0.75.

About Scottish Mortgage

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Scottish Mortgage is a portfolio of what we believe are the world's most exciting growth companies. We believe that a few exceptional companies will make a positive impact on shareholders' returns and society as a whole. Explore our website and you'll discover what we mean by investing in progress, how we find and support the companies shaping the future, and how you can be a part of it.

Further Reading

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