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) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 417.50 ($5.45) and traded as high as GBX 418.67 ($5.47). Scottish American Investment shares last traded at GBX 417.50 ($5.45), with a volume of 170,822 shares trading hands.

Scottish American Investment Trading Up 0.6 %

The company has a current ratio of 3.80, a quick ratio of 3.80 and a debt-to-equity ratio of 14.49. The firm has a market cap of £603.25 million and a price-to-earnings ratio of 9.08. The company has a fifty day moving average price of GBX 417.50 and a 200-day moving average price of GBX 417.50.

About Scottish American Investment

(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.

Featured Stories

Receive News & Ratings for Scottish American Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scottish American Investment and related companies with MarketBeat.com's FREE daily email newsletter.