Ashoka Whiteoak Emerging Markets Trust (LON:AWEM) Sets New 1-Year High - Here's Why

Key Points

• The Ashoka Whiteoak Emerging Markets Trust (LON:AWEM) achieved a new **52-week high** at **GBX 145 ($1.96)** during trading, with a total volume of **342,074 shares** exchanged.
• The company reported a market capitalization of **£53.43 million** and an unusually high **P/E ratio** of **1,593.41**.
• Ashoka Whiteoak focuses on achieving **long-term capital appreciation** through investments primarily in securities from **global emerging markets**.

Ashoka Whiteoak Emerging Markets Trust Plc (LON:AWEM - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 145 ($1.96) and last traded at GBX 145 ($1.96), with a volume of 342074 shares traded. The stock had previously closed at GBX 145 ($1.96).

Ashoka Whiteoak Emerging Markets Trust Price Performance

The stock has a market capitalization of £53.43 million and a P/E ratio of 1,593.41. The stock has a 50 day simple moving average of GBX 135.99 and a two-hundred day simple moving average of GBX 126.82.

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 earnings per share 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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