Edinburgh Investment (LON:EDIN) Stock Price Passes Below Fifty Day Moving Average - Here's Why

Key Points

• Edinburgh Investment shares fell below their 50-day moving average of GBX 797.39, trading as low as GBX 796.03 during the recent session.
• The company reported a market cap of £1.15 billion, a price-to-earnings ratio of 6.38, and a high net margin of 95.34% in its latest earnings release.
• Insider Elisabeth Stheeman purchased 2,480 shares at an average price of GBX 802, indicating confidence in the company's future prospects.

Edinburgh Investment (LON:EDIN - Get Free Report) shares crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 797.39 ($10.76) and traded as low as GBX 796.03 ($10.74). Edinburgh Investment shares last traded at GBX 802 ($10.82), with a volume of 185,581 shares changing hands.

Edinburgh Investment Stock Performance

The company has a market cap of £1.15 billion, a price-to-earnings ratio of 6.38 and a beta of 0.81. 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 has a fifty day moving average of GBX 797.39 and a two-hundred day moving average of GBX 773.62.

Edinburgh Investment (LON:EDIN - Get Free Report) last issued its earnings results on Wednesday, May 21st. The company reported GBX 25.02 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 acquired 2,480 shares of the company's stock in a transaction that occurred on Friday, July 25th. The stock was acquired at an average price of GBX 802 per share, for a total transaction of £19,889.60. 4.06% of the stock is currently owned by company insiders.

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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