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

Key Points

• Ashoka Whiteoak Emerging Markets Trust reached a new 12-month high by trading at GBX 142.06 ($1.92), reflecting positive investor sentiment.
• The company has a market capitalization of £50.85 million and a notably high price-to-earnings ratio of 1,516.48.
• Ashoka Whiteoak is focused on achieving long-term capital appreciation via investments in global Emerging Markets securities.

Ashoka Whiteoak Emerging Markets Trust Plc (LON:AWEM - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 142.06 ($1.92) and last traded at GBX 138 ($1.87), with a volume of 297924 shares changing hands. The stock had previously closed at GBX 137.50 ($1.86).

Ashoka Whiteoak Emerging Markets Trust Stock Performance

The company's 50 day moving average price is GBX 133.48 and its 200 day moving average price is GBX 125.72. The company has a market cap of £50.85 million and a price-to-earnings ratio of 1,516.48.

Ashoka Whiteoak Emerging Markets Trust (LON:AWEM - Get Free Report) last released its quarterly earnings results on Monday, June 23rd. The company reported GBX 0.30 EPS for the quarter.

About Ashoka Whiteoak Emerging Markets Trust

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.

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