Scottish American Investment (LON:SCAM) Stock Price Crosses Above 50-Day Moving Average – Here’s Why

The Scottish American Investment Co PLC (LON:SCAMGet Free Report)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 417.50 ($5.26) and traded as high as GBX 418.67 ($5.28). Scottish American Investment shares last traded at GBX 417.50 ($5.26), with a volume of 170,822 shares.

Scottish American Investment Trading Up 0.6 %

The stock’s 50 day moving average is GBX 417.50 and its two-hundred day moving average is GBX 417.50. The company has a market capitalization of £603.25 million and a PE ratio of 9.08. The company has a quick ratio of 3.80, a current ratio of 3.80 and a debt-to-equity ratio of 14.49.

Scottish American Investment Company Profile

(Get Free Report)

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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