The Scottish American Investment (SCAM) Reaches New 52-Week High at $389.00

The Scottish American Investment Co PLC (LON:SCAM)’s share price hit a new 52-week high on Wednesday . The stock traded as high as GBX 389 ($5.08) and last traded at GBX 388.66 ($5.08), with a volume of 6689 shares trading hands. The stock had previously closed at GBX 386 ($5.04).

The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 17.11. The company has a market capitalization of $554.67 million and a P/E ratio of -31.86.

The company also recently disclosed a dividend, which will be paid on Friday, June 21st. Shareholders of record on Thursday, May 23rd will be paid a dividend of GBX 2.93 ($0.04) per share. The ex-dividend date is Thursday, May 23rd. This represents a yield of 0.75%. The Scottish American Investment’s dividend payout ratio (DPR) is currently -0.98%.



In related news, insider Dame Mariot Leslie bought 5,000 shares of the stock in a transaction dated Thursday, February 28th. The shares were acquired at an average cost of GBX 370 ($4.83) per share, for a total transaction of £18,500 ($24,173.53). Also, insider Nicholas Macpherson GCB bought 4,000 shares of the stock in a transaction dated Friday, April 26th. The shares were bought at an average price of GBX 394 ($5.15) per share, for a total transaction of £15,760 ($20,593.23).

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About The Scottish American Investment (LON:SCAM)

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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