Herald (LON:HRI) Reaches New 1-Year High – Still a Buy?

Herald (LON:HRIGet Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 2,306.70 ($29.05) and last traded at GBX 2,306.70 ($29.05), with a volume of 128773 shares. The stock had previously closed at GBX 2,280 ($28.71).

Herald Stock Performance

The firm has a market cap of £1.23 billion, a P/E ratio of 685.84 and a beta of 0.88. The business has a 50-day simple moving average of GBX 2,110.53 and a 200 day simple moving average of GBX 2,150.72.

Herald Company Profile

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Herald Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Herald Investment Management Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the technology, telecommunications, and multi-media sectors.

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