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

Key Points

• Edinburgh Investment reached a new 52-week high at GBX 818 ($11.00), closing slightly lower at GBX 817 ($10.98) with a trading volume of 261,551 shares.
• The company has a market capitalization of £1.16 billion and high financial ratios, including a P/E ratio of 1,415.45 and a debt-to-equity ratio of 10.12.
• Insider Elisabeth Stheeman purchased 2,480 shares at an average price of GBX 802, indicating confidence from the company's executives.

Edinburgh Investment (LON:EDIN - ) reached a new 52-week high on Friday . The stock traded as high as GBX 818 ($11.00) and last traded at GBX 817 ($10.98), with a volume of 261551 shares trading hands. The stock had previously closed at GBX 809 ($10.88).

Edinburgh Investment Trading Up 1.0%

The firm has a market cap of £1.16 billion, a P/E ratio of 1,415.45 and a beta of 0.81. The stock has a 50 day simple moving average of GBX 798.45 and a 200-day simple moving average of GBX 782.50. The company has a current ratio of 32.12, a quick ratio of 3.88 and a debt-to-equity ratio of 10.12.

Insiders Place Their Bets

In other Edinburgh Investment news, insider Elisabeth Stheeman purchased 2,480 shares of Edinburgh Investment stock in a transaction that occurred on Friday, July 25th. The shares were bought at an average price of GBX 802 per share, for a total transaction of £19,889.60. Corporate insiders own 0.31% of the company's stock.

About Edinburgh Investment

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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