Scottish American Investment (LON:SAIN) Announces Quarterly Earnings Results

Scottish American Investment (LON:SAIN) announced its quarterly earnings results on Thursday. The company reported GBX 14.50 ($0.18) earnings per share for the quarter, Digital Look Earnings reports. Scottish American Investment had a return on equity of 9.33% and a net margin of 115.71%.

Scottish American Investment Stock Performance

SAIN stock traded up GBX 1.15 ($0.01) on Thursday, reaching GBX 520.15 ($6.47). The company’s stock had a trading volume of 327,928 shares, compared to its average volume of 553,530. Scottish American Investment has a 52 week low of GBX 448.50 ($5.58) and a 52 week high of GBX 536 ($6.67). 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 company has a market capitalization of £909.52 million, a P/E ratio of 10.43 and a beta of 0.65. The firm has a fifty day moving average of GBX 506.84 and a two-hundred day moving average of GBX 508.57.

Insiders Place Their Bets

In related news, insider Nicholas Macpherson GCB acquired 5,000 shares of the firm’s stock in a transaction dated Friday, December 20th. The stock was acquired at an average cost of GBX 492 ($6.12) per share, for a total transaction of £24,600 ($30,619.87). 1.07% of the stock is currently owned by insiders.

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.