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

Edinburgh Investment logo with Financial Services background

Key Points

  • Edinburgh Investment's share price has fallen below its 50-day moving average of GBX 799.86, trading as low as GBX 787.04 on Tuesday.
  • The company reported a net margin of 95.34% and a return on equity of 16.15% in its latest earnings results.
  • Insider Elisabeth Stheeman purchased 2,480 shares at an average price of GBX 802, indicating confidence in the company's stock.
  • Need better tools to track Edinburgh Investment? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Edinburgh Investment (LON:EDIN - Get Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 799.86 ($10.76) and traded as low as GBX 787.04 ($10.59). Edinburgh Investment shares last traded at GBX 791 ($10.64), with a volume of 303,152 shares trading hands.

Edinburgh Investment Stock Down 0.6%

The firm has a market capitalization of £1.13 billion, a price-to-earnings ratio of 6.27 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. The firm has a 50 day moving average price of GBX 798.88 and a two-hundred day moving average price of GBX 771.77.

Edinburgh Investment (LON:EDIN - Get Free Report) last posted its quarterly earnings data on Wednesday, May 21st. The company reported GBX 25.02 ($0.34) 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 Transactions at Edinburgh Investment

In other Edinburgh Investment news, insider Elisabeth Stheeman purchased 2,480 shares of Edinburgh Investment stock in a transaction on Friday, July 25th. The stock was bought at an average price of GBX 802 ($10.79) per share, for a total transaction of £19,889.60 ($26,751.31). 4.06% of the stock is owned by corporate insiders.

Edinburgh Investment Company Profile

(Get Free Report)

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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