Edinburgh Investment (LON:EDIN) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

Edinburgh Investment (LON:EDINGet Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 799.86 ($10.64) and traded as low as GBX 787.04 ($10.46). Edinburgh Investment shares last traded at GBX 791 ($10.52), with a volume of 303,152 shares changing hands.

Edinburgh Investment Stock Down 0.2%

The company has a current ratio of 32.12, a quick ratio of 3.88 and a debt-to-equity ratio of 10.12. The firm has a market cap of £1.14 billion, a PE ratio of 6.32 and a beta of 0.81. The business’s 50-day simple moving average is GBX 799.86 and its 200 day simple moving average is GBX 771.28.

Edinburgh Investment (LON:EDINGet Free Report) last posted its earnings results on Wednesday, May 21st. The company reported GBX 25.02 ($0.33) EPS for the quarter. Edinburgh Investment had a net margin of 95.34% and a return on equity of 16.15%.

Insider Buying and Selling

In other Edinburgh Investment news, insider Elisabeth Stheeman bought 2,480 shares of the business’s stock in a transaction on Friday, July 25th. The shares were acquired at an average price of GBX 802 ($10.66) per share, with a total value of £19,889.60 ($26,445.42). Company insiders own 4.06% of the company’s stock.

About Edinburgh Investment

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Edinburgh Investment Trust offers exposure primarily to UK-listed equities. It may also hold up to 20% of assets in equities listed overseas. The Company invests primarily in UK securities with the long term objective of achieving: 1. An increase of the Net Asset Value per share in excess of the growth in the FTSE All-Share Index; and 2.

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