Scottish American Investment (LON:SAIN) Issues Earnings Results

Scottish American Investment (LON:SAIN) announced its quarterly earnings results on Thursday. The company reported GBX 14.50 ($0.18) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Scottish American Investment had a net margin of 115.71% and a return on equity of 9.33%.

Scottish American Investment Trading Up 0.2 %

LON SAIN traded up GBX 1.15 ($0.01) on Thursday, reaching GBX 520.15 ($6.47). The company had a trading volume of 327,928 shares, compared to its average volume of 553,530. The firm has a market cap of £909.52 million, a price-to-earnings ratio of 10.43 and a beta of 0.65. The company has a debt-to-equity ratio of 9.75, a current ratio of 4.03 and a quick ratio of 3.87. Scottish American Investment has a fifty-two week low of GBX 448.50 ($5.58) and a fifty-two week high of GBX 536 ($6.67). The business has a 50 day moving average of GBX 506.84 and a two-hundred day moving average of GBX 508.57.

Insiders Place Their Bets

In related news, insider Nicholas Macpherson GCB bought 5,000 shares of Scottish American Investment stock in a transaction that occurred on Friday, December 20th. The shares were acquired at an average cost of GBX 492 ($6.12) per share, for a total transaction of £24,600 ($30,619.87). Company insiders own 1.07% of the company’s stock.

About Scottish American Investment

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.