Edinburgh Investment (LON:EDIN) Stock Price Down 0.7% - Here's What Happened

Key Points

• Edinburgh Investment's stock experienced a 0.7% decline, trading at GBX 813.07 ($10.84) after reaching a low of GBX 807 ($10.76).
• The company has a significant debt-to-equity ratio of 10.12 and a high price-to-earnings ratio of 1,408.64, reflecting its risky financial leverage.
• Insider Elisabeth Stheeman purchased 2,480 shares at an average price of GBX 802, indicating insider confidence in the company's future.

Edinburgh Investment (LON:EDIN - )'s stock price traded down 0.7% during trading on Monday . The stock traded as low as GBX 807 ($10.76) and last traded at GBX 813.07 ($10.84). 226,567 shares were traded during mid-day trading, a decline of 13% from the average session volume of 260,915 shares. The stock had previously closed at GBX 819 ($10.92).

Edinburgh Investment Price Performance

The company has a debt-to-equity ratio of 10.12, a quick ratio of 3.88 and a current ratio of 32.12. The company's 50 day moving average price is GBX 800.55 and its 200 day moving average price is GBX 786.47. The company has a market cap of £1.14 billion, a price-to-earnings ratio of 1,408.64 and a beta of 0.81.

Insider Activity at Edinburgh Investment

In other news, insider Elisabeth Stheeman bought 2,480 shares of Edinburgh Investment stock in a transaction dated Friday, July 25th. The shares were bought at an average price of GBX 802 per share, for a total transaction of £19,889.60. Corporate insiders own 0.31% of the company's stock.

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.

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