Scottish American Investment (LON:SAIN) Trading Down 1% – Time to Sell?

The Scottish American Investment Company P.L.C. (LON:SAIN) shares dropped 1% during mid-day trading on Thursday . The company traded as low as GBX 495.50 ($6.41) and last traded at GBX 500.20 ($6.47). Approximately 462,411 shares changed hands during trading, a decline of 1% from the average daily volume of 468,031 shares. The stock had previously closed at GBX 505 ($6.54).

Scottish American Investment Trading Up 0.1 %

The company has a debt-to-equity ratio of 9.75, a current ratio of 4.03 and a quick ratio of 3.87. The business’s 50-day simple moving average is GBX 512.59 and its two-hundred day simple moving average is GBX 508.39. The stock has a market capitalization of £873.41 million, a price-to-earnings ratio of 10.02 and a beta of 0.65.

Scottish American Investment (LON:SAIN) last posted its earnings results on Thursday, February 13th. The company reported GBX 14.50 ($0.19) earnings per share for the quarter. Scottish American Investment had a net margin of 115.71% and a return on equity of 9.33%.

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.