Edinburgh Worldwide (LON:EWI) Hits New 1-Year High - Here's Why

Key Points

• Edinburgh Worldwide (LON:EWI) reached a new 52-week high at GBX 208 ($2.80) during trading, with a closing price of GBX 204.50 ($2.76) and over 1 million shares traded.
• The firm has a market capitalization of £714.78 million and a high price-to-earnings ratio of 4,701.15, indicating a potentially speculative stock.
• Edinburgh Worldwide focuses on capital growth through a global portfolio of immature entrepreneurial companies, typically below $5 billion in market capitalization, with a planned growth period of at least five years.

Edinburgh Worldwide (LON:EWI - ) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 208 ($2.80) and last traded at GBX 204.50 ($2.76), with a volume of 1124132 shares changing hands. The stock had previously closed at GBX 205.50 ($2.77).

Edinburgh Worldwide Trading Down 0.5%

The firm has a market capitalization of £714.78 million, a price-to-earnings ratio of 4,701.15 and a beta of 0.78. The company has a fifty day moving average price of GBX 194.64 and a 200-day moving average price of GBX 174.81.

About Edinburgh Worldwide

The Trust aims for capital growth from a global portfolio of initially immature entrepreneurial companies, typically with a market capitalisation of less than $5bn at time of initial investment, which are believed to offer long-term growth potential (over at least five years). The portfolio does not seek to track the comparative index, hence a degree of volatility against companies index is inevitable.

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