Edinburgh Investment (LON:EDIN) Reaches New 12-Month High - Time to Buy?

Key Points

• Edinburgh Investment shares reached a new 12-month high at GBX 818 ($10.88) during trading, marking a notable growth in their value.
• The company has a market capitalization of £1.15 billion and impressive financial ratios, including a quick ratio of 3.88 and a P/E ratio of 1,417.19.
• Insider Elisabeth Stheeman recently purchased 2,480 shares at an average price of GBX 802, reflecting confidence in the company's future performance.

Edinburgh Investment (LON:EDIN - ) shares hit a new 52-week high during trading on Thursday . The company traded as high as GBX 818 ($10.88) and last traded at GBX 818 ($10.88), with a volume of 174991 shares changing hands. The stock had previously closed at GBX 816 ($10.85).

Edinburgh Investment Stock Up 0.2%

The company has a quick ratio of 3.88, a current ratio of 32.12 and a debt-to-equity ratio of 10.12. The firm has a market cap of £1.15 billion, a P/E ratio of 1,417.19 and a beta of 0.81. The stock's 50-day simple moving average is GBX 799.69 and its 200 day simple moving average is GBX 784.91.

Insider Buying and Selling

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

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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