Scottish Mortgage (LON:SMT) Reaches New 12-Month High – Here’s What Happened

Scottish Mortgage (LON:SMTGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 1,191 and last traded at GBX 1,185.50, with a volume of 414030 shares traded. The stock had previously closed at GBX 1,187.

Scottish Mortgage Trading Down 0.1%

The stock’s 50 day moving average price is GBX 1,113.34 and its 200 day moving average price is GBX 1,090.32. The company has a market cap of £12.96 billion, a price-to-earnings ratio of 3.85 and a beta of 0.75.

Scottish Mortgage (LON:SMTGet Free Report) last released its earnings results on Friday, November 7th. The company reported GBX 1.55 earnings per share (EPS) for the quarter. Scottish Mortgage had a net margin of 94.48% and a return on equity of 11.53%.

Insider Activity

In related news, insider Christopher Samuel acquired 1,833 shares of the stock in a transaction dated Monday, December 15th. The stock was bought at an average cost of GBX 1,148 per share, with a total value of £21,042.84. 0.13% of the stock is owned by corporate insiders.

About Scottish Mortgage

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Scottish Mortgage is a portfolio of what we believe are the world’s most exciting growth companies. We believe that a few exceptional companies will make a positive impact on shareholders’ returns and society as a whole. Explore our website and you’ll discover what we mean by investing in progress, how we find and support the companies shaping the future, and how you can be a part of it.

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