Scottish American Investment (LON:SAIN) Stock Price Down 0.1% – Time to Sell?

The Scottish American Investment Company P.L.C. (LON:SAIN) was down 0.1% during trading on Friday . The stock traded as low as GBX 493.50 ($6.03) and last traded at GBX 494.32 ($6.04). Approximately 4,532,082 shares changed hands during trading, an increase of 341% from the average daily volume of 1,026,900 shares. The stock had previously closed at GBX 495 ($6.04).

Scottish American Investment Price Performance

The stock’s fifty day moving average is GBX 504.55 and its 200-day moving average is GBX 508.69. The stock has a market cap of £881.47 million, a PE ratio of 988.64 and a beta of 0.65. The company has a debt-to-equity ratio of 9.75, a current ratio of 4.03 and a quick ratio of 3.87.

Scottish American Investment Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, December 12th. Shareholders of record on Thursday, November 14th were given a GBX 3.70 ($0.05) dividend. This is a positive change from Scottish American Investment’s previous dividend of $3.55. The ex-dividend date was Thursday, November 14th. This represents a yield of 0.73%. Scottish American Investment’s payout ratio is presently 2,800.00%.

Insider Activity at Scottish American Investment

In other Scottish American Investment news, insider Nicholas Macpherson GCB bought 5,000 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The stock was purchased at an average price of GBX 492 ($6.01) per share, for a total transaction of £24,600 ($30,036.63). Company insiders own 1.07% of the company’s stock.

About Scottish American Investment

The Trust aims to be a core investment for private investors seeking income. Its objective is to grow the dividend at a faster rate than inflation by increasing capital and growing income. The focus of the portfolio is on global equities but investments are also made in bonds, property and other asset types.