Herald (LON:HRI) Issues Earnings Results

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

Herald Trading Down 1.1 %

LON:HRI opened at GBX 2,310 ($29.19) on Friday. Herald has a 1 year low of GBX 1,986.34 ($25.10) and a 1 year high of GBX 2,570 ($32.47). The stock has a market cap of £1.17 billion, a price-to-earnings ratio of 6.67 and a beta of 0.88. The stock has a 50-day moving average price of GBX 2,399.37 and a two-hundred day moving average price of GBX 2,241.27.

About Herald

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.