Herald (LON:HRI) Releases Quarterly Earnings Results

Herald (LON:HRI) released its quarterly earnings data on Thursday. The company reported GBX 4.96 ($0.06) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Herald had a net margin of 107.72% and a return on equity of 14.78%.

Herald Price Performance

Shares of HRI stock traded down GBX 11.40 ($0.14) on Thursday, hitting GBX 2,318.60 ($29.18). The company’s stock had a trading volume of 33,244 shares, compared to its average volume of 524,170. Herald has a fifty-two week low of GBX 1,986.34 ($24.99) and a fifty-two week high of GBX 2,570 ($32.34). The firm’s fifty day moving average price is GBX 2,406.17 and its 200-day moving average price is GBX 2,239.54. The stock has a market capitalization of £1.17 billion, a price-to-earnings ratio of 6.69 and a beta of 0.88.

Herald Company Profile

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.