Ashoka India Equity Investment (LON:AIE) Share Price Passes Above 200 Day Moving Average – What’s Next?
by Mitch Edgeman · The Markets DailyAshoka India Equity Investment (LON:AIE – Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 243.08 and traded as high as GBX 258. Ashoka India Equity Investment shares last traded at GBX 253, with a volume of 160,993 shares traded.
Ashoka India Equity Investment Stock Up 0.4%
The business’s 50 day simple moving average is GBX 252.60 and its 200 day simple moving average is GBX 243.09. The stock has a market cap of £435.99 million, a price-to-earnings ratio of -10.07 and a beta of 0.16.
Insider Transactions at Ashoka India Equity Investment
In other Ashoka India Equity Investment news, insider Sarah MacAulay purchased 42,000 shares of Ashoka India Equity Investment stock in a transaction that occurred on Monday, August 3rd. The stock was acquired at an average price of GBX 258 per share, for a total transaction of £108,360. Company insiders own 0.27% of the company’s stock.
About Ashoka India Equity Investment
ASHOKA INDIA EQUITY INVESTMENT TRUST IS A HIGH CONVICTION, LONG-ONLY INVESTMENT TRUST, INVESTING MAINLY IN SECURITIES LISTED IN INDIA AND LISTED SECURITIES OF COMPANIES WITH A SIGNIFICANT PRESENCE IN INDIA