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Scottish American Investment (LON:SCAM) Shares Pass Below 50-Day Moving Average of $417.50


Shares of The Scottish American Investment Co PLC (LON:SCAM – Get Rating) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 417.50 ($5.11) and traded as low as GBX 415.48 ($5.09). Scottish American Investment shares last traded at GBX 417.50 ($5.11), with a volume of 170,822 shares traded.

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 stock’s 50-day simple moving average is GBX 417.50 and its 200 day simple moving average is GBX 417.50. The stock has a market capitalization of £603.25 million and a P/E ratio of 9.08.

Scottish American Investment Company Profile (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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