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Ashoka India Equity Investment (LON:AIE) Stock Crosses Above 200 Day Moving Average - Time to Sell?

Ashoka India Equity Investment logo with Financial Services background

Key Points

  • Ashoka India Equity Investment shares have crossed above their 200-day moving average of GBX 271.45, trading as high as GBX 283 during Friday's trading session.
  • The company has a market capitalization of £462.29 million and a low PE ratio of 3.80, indicating potential undervaluation.
  • Ashoka India Equity Investment focuses on long-only investments primarily in Indian securities or companies significantly present in India.
  • Interested in Ashoka India Equity Investment? Here are five stocks we like better.

Ashoka India Equity Investment (LON:AIE - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 271.45 ($3.63) and traded as high as GBX 283 ($3.78). Ashoka India Equity Investment shares last traded at GBX 278.50 ($3.72), with a volume of 372,949 shares trading hands.

Ashoka India Equity Investment Stock Up 1.1%

The stock has a market capitalization of £465.61 million, a PE ratio of 3.83 and a beta of 0.50. The firm's fifty day moving average price is GBX 279.93 and its two-hundred day moving average price is GBX 270.89.

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

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