Herald (LON:HRI) Sets New 12-Month High – Here’s What Happened

Shares of Herald (LON:HRI) reached a new 52-week high on Monday . The company traded as high as GBX 2,515 ($31.25) and last traded at GBX 2,505 ($31.13), with a volume of 316507 shares changing hands. The stock had previously closed at GBX 2,465 ($30.63).

Herald Price Performance

The company has a market cap of £1.33 billion, a P/E ratio of 738.94 and a beta of 0.88. The firm’s 50-day moving average is GBX 2,313.88 and its two-hundred day moving average is GBX 2,202.07.

About Herald

Herald Investment Trust’s objective is to achieve capital appreciation through investments in smaller quoted companies in the areas of technology and communications.

Investments may be made across the world. The business activities of investee companies will include information technology, broadcasting, printing and publishing and the supply of equipment and services to these companies.