Scottish Mortgage (LON:SMT) Sets New 1-Year High – Time to Buy?

Shares of Scottish Mortgage (LON:SMTGet Free Report) reached a new 52-week high on Wednesday . The stock traded as high as GBX 1,142.51 ($14.41) and last traded at GBX 1,128.72 ($14.24), with a volume of 2607171 shares trading hands. The stock had previously closed at GBX 1,132 ($14.28).

Scottish Mortgage Price Performance

The firm has a market capitalization of £13.72 billion, a PE ratio of 11.51 and a beta of 0.75. The business’s 50-day moving average price is GBX 1,016.02 and its 200-day moving average price is GBX 916.21.

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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