Scottish American Investment (LON:SCAM) Share Price Passes Above Fifty Day Moving Average of $417.50

The Scottish American Investment Co PLC (LON:SCAMGet Free Report)’s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 417.50 ($5.20) and traded as high as GBX 418.67 ($5.21). Scottish American Investment shares last traded at GBX 417.50 ($5.20), with a volume of 170,822 shares changing hands.

Scottish American Investment Stock Performance

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

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.

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