Edinburgh Investment (LON:EDIN) Stock Price Down 0.2% - Time to Sell?

Key Points

• Share movement: Edinburgh Investment slipped 0.2% to GBX 816 (intraday low GBX 812) on Tuesday while trading volume surged 109% to 1,413,715 shares.
• Valuation and technicals: The trust has a market cap of £1.07 billion, a P/E of 14.20, and 50-/200-day moving averages of GBX 794.73 and GBX 806.93 respectively.
• Strategy and management: The trust focuses on UK-listed equities (up to 20% overseas), aims to outperform the FTSE All-Share and grow dividends, and is managed by Imran Sattar with a high-conviction ~40-stock portfolio.

Edinburgh Investment (LON:EDIN - )'s share price fell 0.2% on Tuesday . The company traded as low as GBX 812 and last traded at GBX 816.26. 1,413,715 shares changed hands during trading, an increase of 109% from the average session volume of 675,719 shares. The stock had previously closed at GBX 818.

Edinburgh Investment Stock Down 0.2%

The firm has a market cap of £1.07 billion, a P/E ratio of 14.20 and a beta of 0.97. The business's fifty day moving average price is GBX 794.73 and its two-hundred day moving average price is GBX 806.93. The company has a current ratio of 3.55, a quick ratio of 3.88 and a debt-to-equity ratio of 10.32.

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. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.