Edinburgh Investment (LON:EDIN) Hits New 12-Month High - Here's What Happened

Key Points

• Edinburgh Investment (LON:EDIN) reached a new 52-week high, trading at GBX 824 ($11.02) with a volume of 246,782 shares exchanged.
• The company has a market cap of £1.16 billion and a P/E ratio of 14.29, indicating a stable financial position.
• Insider Elisabeth Stheeman recently purchased 2,480 shares at an average price of GBX 802, reflecting insider confidence in the stock.

Edinburgh Investment (LON:EDIN - ) reached a new 52-week high on Wednesday . The stock traded as high as GBX 824 ($11.02) and last traded at GBX 823.50 ($11.01), with a volume of 246782 shares changing hands. The stock had previously closed at GBX 812 ($10.86).

Edinburgh Investment Stock Up 1.6%

The company has a 50-day simple moving average of GBX 803.07 and a 200 day simple moving average of GBX 789.33. The company has a market cap of £1.16 billion, a P/E ratio of 14.29 and a beta of 0.81. The company has a current ratio of 32.12, a quick ratio of 3.88 and a debt-to-equity ratio of 10.12.

Insider Buying and Selling

In other Edinburgh Investment news, insider Elisabeth Stheeman acquired 2,480 shares of the business's stock in a transaction on Friday, July 25th. The shares were bought at an average price of GBX 802 per share, with a total value of £19,889.60. 0.31% of the stock is owned by company insiders.

Edinburgh Investment Company Profile

Edinburgh Investment Trust offers exposure primarily to UK-listed equities. It may also hold up to 20% of assets in equities listed overseas. The Company invests primarily in UK securities with the long term objective of achieving: 1. An increase of the Net Asset Value per share in excess of the growth in the FTSE All-Share Index; and 2.

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