1
SMT stock price: The stock has been in a slightly bullish trend since April of this year.
2
The company is making exponential revenue growth but is not able to keep net profit positive.
3
The current stock price is just above the support level and it is looking to make a high till the immediate resistance.
Scottish Mortgage Investment Trust is a listed investment company the London Stock Exchange that invests globally. The firm invests in sustainable long-term and growth-oriented businesses that can return significant wealth to SMT in the form of capital gains and dividends. The company is managed by Baillie Gifford & Co. Limited based in the United Kingdom.
A Financial Snapshot
Looking through the last year’s annual report, the company has made extraordinary revenue growth of 150% in 2022. The company is profitable since the operating income while the pre-tax incomes are negative.
In the balance sheet, there is a rise in short-
We współpracy z: https://www.thecoinrepublic.com/2023/10/09/smt-stock-price-uptrend-in-sight-bulls-are-ready-to-surf-it/
