Herald (LON:HRI) Announces Earnings Results

Herald (LON:HRI) released its earnings results on Thursday. The company reported GBX 4.96 ($0.06) earnings per share for the quarter, Digital Look Earnings reports. Herald had a net margin of 107.72% and a return on equity of 14.78%.

Herald Trading Down 0.5 %

Herald stock traded down GBX 11.40 ($0.14) on Thursday, reaching GBX 2,318.60 ($29.18). 33,244 shares of the stock were exchanged, compared to its average volume of 524,170. The stock has a market cap of £1.17 billion, a PE ratio of 6.69 and a beta of 0.88. Herald has a twelve month low of GBX 1,986.34 ($24.99) and a twelve month high of GBX 2,570 ($32.34). The firm has a fifty day moving average price of GBX 2,406.17 and a two-hundred day moving average price of GBX 2,239.54.

Herald Company Profile

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.