Edinburgh Investment (LON:EDIN) Stock Price Crosses Below Two Hundred Day Moving Average - Here's What Happened

Edinburgh Investment (LON:EDIN - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 744.35 ($10.00) and traded as low as GBX 742.44 ($9.98). Edinburgh Investment shares last traded at GBX 751 ($10.09), with a volume of 103,122 shares traded.

Edinburgh Investment Stock Up 0.7 %

The company has a market capitalization of £1.10 billion, a PE ratio of 6.10 and a beta of 0.81. The firm's 50-day simple moving average is GBX 741.40 and its 200 day simple moving average is GBX 744.75. The company has a debt-to-equity ratio of 10.12, a quick ratio of 3.88 and a current ratio of 32.12.

Edinburgh Investment Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Thursday, March 27th were given a dividend of GBX 15.25 ($0.20) per share. This is a positive change from Edinburgh Investment's previous dividend of $6.90. This represents a dividend yield of 3.09%. The ex-dividend date was Thursday, March 27th. Edinburgh Investment's payout ratio is presently 22.40%.

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.