Shares of Edinburgh Investment (
LON:EDIN -
Get Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 803.19 and traded as low as GBX 759.49. Edinburgh Investment shares last traded at GBX 760, with a volume of 2,384,970 shares trading hands.
Edinburgh Investment Stock Performance
The company has a current ratio of 3.55, a quick ratio of 3.88 and a debt-to-equity ratio of 10.32. The company has a market capitalization of £1.02 billion, a price-to-earnings ratio of 13.22 and a beta of 0.99. The stock's fifty day simple moving average is GBX 803.19 and its 200-day simple moving average is GBX 807.89.
About Edinburgh Investment
(
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. Growth in dividends per share in excess of the rate of UK inflation. It is managed by Imran Sattar, with Emily Barnard being the Deputy Manager. He constructs a high conviction portfolio of c.40 holdings based on fundamental company research.
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