Edinburgh Investment (LON:EDIN) Shares Cross Above 200-Day Moving Average - What's Next?

Edinburgh Investment (LON:EDIN - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 745.15 ($9.95) and traded as high as GBX 773 ($10.32). Edinburgh Investment shares last traded at GBX 765 ($10.21), with a volume of 115,964 shares trading hands.

Edinburgh Investment Trading Down 0.1 %

The firm's fifty day moving average is GBX 742.24 and its two-hundred day moving average is GBX 746.09. The firm has a market cap of £1.12 billion, a P/E ratio of 6.20 and a beta of 0.81. The company has a quick ratio of 3.88, a current ratio of 32.12 and a debt-to-equity ratio of 10.12.

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 issued a GBX 15.25 ($0.20) dividend. This represents a yield of 3.09%. This is an increase from Edinburgh Investment's previous dividend of $6.90. The ex-dividend date was Thursday, March 27th. Edinburgh Investment's payout ratio is 22.40%.

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.