Scottish American Investment (LON:SCAM) Stock Passes Below 50 Day Moving Average – What’s Next?

by · The Cerbat Gem

The Scottish American Investment Co PLC (LON:SCAM – Get Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 417.50 ($5.41) and traded as low as GBX 415.48 ($5.39). Scottish American Investment shares last traded at GBX 417.50 ($5.41), with a volume of 170,822 shares changing hands.

Scottish American Investment Stock Performance

The stock has a fifty day moving average price of GBX 417.50 and a 200 day moving average price 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. The firm has a market cap of £603.25 million and a price-to-earnings ratio of 9.08.

Scottish American Investment Company Profile

(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.

Read More