The Scottish American Investment Co PLC (LON:SCAM – Get Free Report) traded up 0.6% on Thursday . The stock traded as high as GBX 418.67 ($5.34) and last traded at GBX 417.50 ($5.32). 170,822 shares changed hands during mid-day trading, an increase of 20% from the average session volume of 141,861 shares. The stock had previously closed at GBX 415 ($5.29).
Scottish American Investment Price Performance
The company has a current ratio of 3.80, a quick ratio of 3.80 and a debt-to-equity ratio of 14.49. The firm has a market cap of £603.25 million and a PE ratio of 9.08. The business has a fifty day moving average of GBX 417.50 and a 200-day moving average of 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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