Scottish American Investment (LON:SCAM) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

The Scottish American Investment Co PLC (LON:SCAMGet Free Report)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 417.50 ($5.31) and traded as low as GBX 415.48 ($5.28). Scottish American Investment shares last traded at GBX 417.50 ($5.31), with a volume of 170,822 shares changing hands.

Scottish American Investment Price Performance

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 has a market capitalization of £603.25 million and a price-to-earnings ratio of 9.08. The business’s fifty day moving average price is GBX 417.50 and its 200-day moving average price is GBX 417.50.

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

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.