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

Herald (LON:HRIGet Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 2,513 ($31.95) and last traded at GBX 2,488.20 ($31.63), with a volume of 86372 shares changing hands. The stock had previously closed at GBX 2,490 ($31.66).

Herald Price Performance

The stock has a market capitalization of £1.32 billion, a P/E ratio of 734.51 and a beta of 0.88. The stock’s 50 day moving average price is GBX 2,218.12 and its 200-day moving average price is GBX 2,175.75.

About Herald

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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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