Free Trial

Ashoka India Equity Investment (LON:AIE) Shares Pass Above 200-Day Moving Average - What's Next?

Ashoka India Equity Investment logo with Financial Services background

Key Points

  • Ashoka India Equity Investment's share price has crossed above its 200-day moving average of GBX 270.40, reaching a high of GBX 280.12 during trading on Monday.
  • The stock currently has a market capitalization of £457.43 million and a price-to-earnings ratio of 3.76, indicating solid valuation metrics.
  • Ashoka India Equity Investment focuses on investing in securities primarily listed in India and companies with significant operations in the region.
  • Need better tools to track Ashoka India Equity Investment? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Ashoka India Equity Investment (LON:AIE - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 270.40 ($3.64) and traded as high as GBX 280.12 ($3.77). Ashoka India Equity Investment shares last traded at GBX 277 ($3.73), with a volume of 286,830 shares traded.

Ashoka India Equity Investment Stock Performance

The firm has a 50-day moving average price of GBX 280.13 and a 200-day moving average price of GBX 270.11. The stock has a market cap of £444.86 million, a PE ratio of 3.66 and a beta of 0.50.

About Ashoka India Equity Investment

(Get Free Report)

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

Recommended Stories

Should You Invest $1,000 in Ashoka India Equity Investment Right Now?

Before you consider Ashoka India Equity Investment, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ashoka India Equity Investment wasn't on the list.

While Ashoka India Equity Investment currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

These 7 Stocks Will Be Magnificent in 2025 Cover

Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Tesla’s Future Unleashed: Elon’s Robotics Move Changes Everything
Top Trades: Massive Gains and Costly Mistakes to Avoid
NVIDIA Earnings: All Signs Point to More Growth Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines