Scottish American Investment (LON:SAIN) Releases Earnings Results

Scottish American Investment (LON:SAIN) issued its earnings results on Thursday. The company reported GBX 14.50 ($0.18) EPS 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

Shares of LON SAIN opened at GBX 516 ($6.49) on Friday. The business has a fifty day simple moving average of GBX 506.98 and a 200 day simple moving average of GBX 508.65. Scottish American Investment has a one year low of GBX 448.50 ($5.65) and a one year high of GBX 536 ($6.75). The firm has a market capitalization of £902.26 million, a price-to-earnings ratio of 10.35 and a beta of 0.65. The company has a current ratio of 4.03, a quick ratio of 3.87 and a debt-to-equity ratio of 9.75.

Insider Buying and Selling at Scottish American Investment

In related news, insider Nicholas Macpherson GCB purchased 5,000 shares of the stock in a transaction on Friday, December 20th. The shares were purchased at an average cost of GBX 492 ($6.19) per share, for a total transaction of £24,600 ($30,962.87). Company insiders own 1.07% of the company’s stock.

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.