Herald (LON:HRI) Sets New 12-Month High – Time to Buy?

Herald (LON:HRIGet Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 2,306.70 ($29.05) and last traded at GBX 2,306.70 ($29.05), with a volume of 128773 shares trading hands. The stock had previously closed at GBX 2,280 ($28.71).

Herald Stock Up 2.0 %

The company has a market cap of £1.23 billion, a price-to-earnings ratio of 685.84 and a beta of 0.88. The company’s 50-day moving average is GBX 2,110.53 and its 200 day moving average is GBX 2,150.72.

Herald Company Profile

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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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