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

Ashoka India Equity Investment logo with Financial Services background

Ashoka India Equity Investment (LON:AIE - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 275.56 ($3.71) and traded as high as GBX 277 ($3.73). Ashoka India Equity Investment shares last traded at GBX 276 ($3.71), with a volume of 331,815 shares changing hands.

Ashoka India Equity Investment Trading Up 0.4%

The firm has a 50 day moving average price of GBX 264.40 and a 200-day moving average price of GBX 275.41. The firm has a market cap of £461.46 million, a PE ratio of 3.80 and a beta of 0.50.

Ashoka India Equity Investment (LON:AIE - Get Free Report) last released its earnings results on Monday, March 10th. The company reported GBX (0.24) ($0.00) earnings per share (EPS) for the quarter. Ashoka India Equity Investment had a net margin of 82.47% and a return on equity of 26.35%.

About Ashoka India Equity Investment

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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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