Edinburgh Worldwide (LON:EWI) Stock 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.

Edinburgh Worldwide (LON:EWI - Get Free Report)'s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 170.41 ($2.28) and traded as high as GBX 187.60 ($2.51). Edinburgh Worldwide shares last traded at GBX 186.40 ($2.49), with a volume of 794,938 shares trading hands.

Edinburgh Worldwide Stock Performance

The stock has a market capitalization of £694.73 million, a price-to-earnings ratio of 9.89 and a beta of 0.78. The firm's fifty day simple moving average is GBX 171.76 and its 200 day simple moving average is GBX 170.22.

Edinburgh Worldwide (LON:EWI - Get Free Report) last announced its earnings results on Wednesday, June 25th. The company reported GBX (0.85) (($0.01)) EPS 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.