Herald (LON:HRI) Reaches New 52-Week High – Should You Buy?

Shares of Herald (LON:HRIGet Free Report) reached a new 52-week high on Monday . The company traded as high as GBX 2,365 ($30.04) and last traded at GBX 2,362.13 ($30.00), with a volume of 76001 shares trading hands. The stock had previously closed at GBX 2,355 ($29.91).

Herald Trading Down 0.7 %

The stock has a fifty day moving average of GBX 2,136.73 and a two-hundred day moving average of GBX 2,157.04. The stock has a market capitalization of £1.24 billion, a price-to-earnings ratio of 694.69 and a beta of 0.88.

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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