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Ashoka Whiteoak Emerging Markets Trust (LON:AWEM) Reaches New 12-Month High - Still a Buy?

Ashoka Whiteoak Emerging Markets Trust logo with background

Key Points

  • Ashoka Whiteoak Emerging Markets Trust Plc (LON:AWEM) reached a new 52-week high, trading at GBX 146 ($1.96) with a volume of 43,052 shares.
  • The investment trust, with a market capitalization of £53.60 million, is focused on achieving long-term capital appreciation through investments in global Emerging Markets.
  • The company's PE ratio is significantly high at 1,598.35, raising questions about its valuation amid its recent stock performance.
  • Five stocks we like better than Ashoka Whiteoak Emerging Markets Trust.

Shares of Ashoka Whiteoak Emerging Markets Trust Plc (LON:AWEM - Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as GBX 146 ($1.96) and last traded at GBX 145.45 ($1.96), with a volume of 43052 shares changing hands. The stock had previously closed at GBX 145.50 ($1.96).

Ashoka Whiteoak Emerging Markets Trust Stock Down 0.0%

The firm has a 50-day moving average of GBX 137.19 and a two-hundred day moving average of GBX 127.61. The company has a market capitalization of £53.60 million and a PE ratio of 1,598.35.

About Ashoka Whiteoak Emerging Markets Trust

(Get Free Report)

Ashoka WhiteOak Emerging Markets Trust plc is a new UK investment trust seeking to achieve long-term capital appreciation through investment primarily in quoted securities that provide exposure to global Emerging Markets.

Further Reading

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