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Edinburgh Worldwide (LON:EWI) Shares Pass Above 50-Day Moving Average - Time to Sell?

Edinburgh Worldwide logo with Financial Services background

Edinburgh Worldwide (LON:EWI - Get Free Report)'s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 157.29 ($2.13) and traded as high as GBX 168 ($2.27). Edinburgh Worldwide shares last traded at GBX 167.80 ($2.27), with a volume of 663,265 shares traded.

Edinburgh Worldwide Trading Up 1.1%

The stock has a market cap of £622.07 million, a PE ratio of 8.86 and a beta of 0.78. The business has a 50-day moving average price of GBX 157.29 and a 200-day moving average price of GBX 173.91.

Edinburgh Worldwide Company Profile

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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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