Edinburgh Worldwide (LON:EWI) Stock Price Crosses Above 50-Day Moving Average - Should You Sell?

Key Points

• Shares of Edinburgh Worldwide (LON:EWI) have crossed above their 50-day moving average, trading at GBX 186.40 ($2.52) recently.
• The company reported a net margin of 90.88% and a return on equity of 11.47% in its latest quarterly earnings.
• Edinburgh Worldwide focuses on capital growth through investing in entrepreneurial companies with market capitalizations under $5 billion, expecting long-term growth potential over five years.

Shares of Edinburgh Worldwide (LON:EWI - Get Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 170.41 ($2.30) and traded as high as GBX 187.60 ($2.53). Edinburgh Worldwide shares last traded at GBX 186.40 ($2.52), with a volume of 794,938 shares traded.

Edinburgh Worldwide Stock Up 0.3%

The firm's fifty day moving average price is GBX 170.41 and its 200 day moving average price is GBX 170.74. The stock has a market cap of £693.14 million, a PE ratio of 9.87 and a beta of 0.78.

Edinburgh Worldwide (LON:EWI - Get Free Report) last announced its quarterly earnings results on Wednesday, June 25th. The company reported GBX (0.85) (($0.01)) earnings per share for the quarter. Edinburgh Worldwide had a return on equity of 11.47% and a net margin of 90.88%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.