Edinburgh Investment (LON:EDIN) Stock Price Passes Below 50 Day Moving Average – What’s Next?

by · The Cerbat Gem

Edinburgh Investment (LON:EDIN – Get Free Report)’s share price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 810.27 and traded as low as GBX 790. Edinburgh Investment shares last traded at GBX 801, with a volume of 368,657 shares traded.

Edinburgh Investment Trading Up 0.5%

The stock’s 50 day moving average is GBX 810.86 and its 200-day moving average is GBX 803.05. The company has a market cap of £1.13 billion, a P/E ratio of 14.05 and a beta of 0.81. The company has a current ratio of 32.12, a quick ratio of 3.88 and a debt-to-equity ratio of 10.12.

Edinburgh Investment (LON:EDIN – Get Free Report) last released its quarterly earnings data on Wednesday, November 26th. The company reported GBX 13.96 earnings per share for the quarter. Edinburgh Investment had a net margin of 95.34% and a return on equity of 16.15%.

About Edinburgh Investment

(Get Free Report)

Edinburgh Investment Trust offers exposure primarily to UK-listed equities. It may also hold up to 20% of assets in equities listed overseas. The Company invests primarily in UK securities with the long term objective of achieving: 1. An increase of the Net Asset Value per share in excess of the growth in the FTSE All-Share Index; and 2.

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