Edinburgh Investment (LON:EDIN) Sets New 52-Week High - Should You Buy?

Key Points

• Edinburgh Investment shares have reached a new 52-week high, trading at GBX 813 ($10.94) before settling at GBX 807.89 ($10.87) with a volume of 72,346 shares.
• The company reported a 25.02 earnings per share (EPS) for the quarter, achieving a return on equity of 16.15% and a net margin of 95.34%.
• Insider Elisabeth Stheeman purchased 2,480 shares at an average price of GBX 802, indicating confidence in the company's stock performance.

Edinburgh Investment (LON:EDIN - Get Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as GBX 813 ($10.94) and last traded at GBX 807.89 ($10.87), with a volume of 72346 shares traded. The stock had previously closed at GBX 810 ($10.90).

Edinburgh Investment Trading Down 0.7%

The firm has a market capitalization of £1.16 billion, a P/E ratio of 6.43 and a beta of 0.81. The company has a debt-to-equity ratio of 10.12, a quick ratio of 3.88 and a current ratio of 32.12. The firm has a 50 day moving average price of GBX 797.47 and a two-hundred day moving average price of GBX 773.93.

Edinburgh Investment (LON:EDIN - Get Free Report) last released its earnings results on Wednesday, May 21st. The company reported GBX 25.02 earnings per share (EPS) for the quarter. Edinburgh Investment had a return on equity of 16.15% and a net margin of 95.34%.

Insider Activity

In other Edinburgh Investment news, insider Elisabeth Stheeman bought 2,480 shares of Edinburgh Investment stock in a transaction dated Friday, July 25th. The stock was bought at an average price of GBX 802 per share, for a total transaction of £19,889.60. 4.06% of the stock is owned by 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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