The Scottish American Investment Co PLC (LON:SCAM – Get Free Report)’s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 417.50 ($5.28) and traded as low as GBX 415.48 ($5.25). Scottish American Investment shares last traded at GBX 417.50 ($5.28), with a volume of 170,822 shares changing hands.
Scottish American Investment Price Performance
The stock has a market cap of £603.25 million and a PE ratio of 9.08. The business has a fifty day simple moving average of GBX 417.50 and a two-hundred day simple moving average of GBX 417.50. The company has a current ratio of 3.80, a quick ratio of 3.80 and a debt-to-equity ratio of 14.49.
About Scottish American Investment
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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