Herald (LON:HRI) Issues Quarterly Earnings Results

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

Herald Trading Down 0.5 %

HRI traded down GBX 11.45 ($0.14) during midday trading on Thursday, reaching GBX 2,318.55 ($29.18). The company’s stock had a trading volume of 32,389 shares, compared to its average volume of 524,146. The firm has a market capitalization of £1.17 billion, a price-to-earnings ratio of 6.69 and a beta of 0.88. Herald has a 1 year low of GBX 1,986.34 ($24.99) and a 1 year high of GBX 2,570 ($32.34). The stock’s 50-day moving average is GBX 2,406.17 and its 200-day moving average is GBX 2,239.54.

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.