Edinburgh Worldwide (LON:EWI) Reaches New 12-Month High - Still a Buy?

Key Points

• Edinburgh Worldwide shares reached a new 52-week high of GBX 209.50 ($2.79) during trading, reflecting significant price movement.
• The stock currently has a market capitalization of £713.28 million and an extremely high price-to-earnings ratio of 4,691.31.
• The Trust focuses on capital growth from a global portfolio of entrepreneurial companies with market capitalizations of less than $5bn, resulting in a degree of volatility.

Edinburgh Worldwide (LON:EWI - ) shares hit a new 52-week high during trading on Monday . The stock traded as high as GBX 209.50 ($2.79) and last traded at GBX 204.07 ($2.72), with a volume of 236091 shares changing hands. The stock had previously closed at GBX 206 ($2.75).

Edinburgh Worldwide Price Performance

The stock has a 50 day moving average price of GBX 196.39 and a 200-day moving average price of GBX 176.25. The stock has a market capitalization of £713.28 million, a price-to-earnings ratio of 4,691.31 and a beta of 0.78.

Edinburgh Worldwide Company Profile

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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