Herald (LON:HRI) Sets New 1-Year Low – Should You Sell?

Herald (LON:HRIGet Free Report)’s stock price reached a new 52-week low on Monday . The company traded as low as GBX 1,700.26 ($21.92) and last traded at GBX 1,700.26 ($21.92), with a volume of 8424 shares traded. The stock had previously closed at GBX 1,788 ($23.05).

Herald Trading Down 5.3 %

The company has a market capitalization of £854.54 million, a P/E ratio of 4.89 and a beta of 0.88. The company’s 50 day moving average is GBX 2,183.31 and its 200-day moving average is GBX 2,235.96.

Herald (LON:HRIGet Free Report) last announced its earnings results on Thursday, February 20th. The company reported GBX 4.96 ($0.06) earnings per share for the quarter. Herald had a net margin of 107.72% and a return on equity of 14.78%.

About Herald

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Herald Investment Trust’s objective is to achieve capital appreciation through investments in smaller quoted companies in the areas of technology and communications.

Investments may be made across the world. The business activities of investee companies will include information technology, broadcasting, printing and publishing and the supply of equipment and services to these companies.

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