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Ashoka India Equity Investment (LON:AIE) Share Price Passes Above 200 Day Moving Average - Time to Sell?

Ashoka India Equity Investment logo with Financial Services background

Key Points

  • Ashoka India Equity Investment (LON:AIE) shares have surpassed their 200-day moving average of GBX 269.77 ($3.64), reaching a high of GBX 270 ($3.65).
  • Currently, the stock has a market capitalization of £439.05 million and a P/E ratio of 3.61.
  • The stock has been trading down 0.2%, with a total volume of 396,925 shares exchanged during the day.
  • Want stock alerts on Ashoka India Equity Investment? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Ashoka India Equity Investment (LON:AIE - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 269.77 ($3.65) and traded as high as GBX 270 ($3.65). Ashoka India Equity Investment shares last traded at GBX 265 ($3.59), with a volume of 396,925 shares changing hands.

Ashoka India Equity Investment Stock Performance

The business has a 50 day moving average price of GBX 279.15 and a two-hundred day moving average price of GBX 269.67. The company has a market cap of £436.56 million, a P/E ratio of 3.59 and a beta of 0.50.

Ashoka India Equity Investment Company Profile

(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

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