The Scottish American Investment Co PLC (LON:SCAM – Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 417.50 ($5.37) and traded as high as GBX 418.67 ($5.39). Scottish American Investment shares last traded at GBX 417.50 ($5.37), with a volume of 170,822 shares changing hands.
Scottish American Investment Stock Performance
The firm has a market cap of £603.25 million and a P/E ratio of 9.08. The company has a debt-to-equity ratio of 14.49, a quick ratio of 3.80 and a current ratio of 3.80. The stock’s 50-day moving average is GBX 417.50 and its 200 day moving average is GBX 417.50.
About Scottish American Investment
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.
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