Herald (LON:HRI) Sets New 1-Year High – Here’s What Happened

Herald (LON:HRI)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as GBX 2,515 ($30.70) and last traded at GBX 2,510 ($30.64), with a volume of 666469 shares trading hands. The stock had previously closed at GBX 2,495 ($30.46).

Herald Stock Performance

The firm’s 50 day moving average is GBX 2,370.69 and its 200-day moving average is GBX 2,216.85. The stock has a market capitalization of £1.33 billion, a price-to-earnings ratio of 739.04 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.