Herald (LON:HRI) Sets New 52-Week High – Here’s Why

Shares of Herald (LON:HRIGet Free Report) hit a new 52-week high on Wednesday . The stock traded as high as GBX 2,513 ($31.95) and last traded at GBX 2,488.20 ($31.63), with a volume of 86372 shares changing hands. The stock had previously closed at GBX 2,490 ($31.66).

Herald Stock Performance

The firm’s fifty day moving average price is GBX 2,218.12 and its two-hundred day moving average price is GBX 2,175.75. The stock has a market capitalization of £1.32 billion, a PE ratio of 734.51 and a beta of 0.88.

About Herald

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Herald Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Herald Investment Management Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the technology, telecommunications, and multi-media sectors.

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