Edinburgh Investment (LON:EDIN) Stock Crosses Below 50 Day Moving Average – Should You Sell?

Edinburgh Investment (LON:EDINGet Free Report)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 809.03 and traded as low as GBX 806. Edinburgh Investment shares last traded at GBX 813, with a volume of 276,029 shares changing hands.

Edinburgh Investment Price Performance

The firm has a fifty day moving average price of GBX 809.03 and a two-hundred day moving average price of GBX 799.24. The company has a quick ratio of 3.88, a current ratio of 32.12 and a debt-to-equity ratio of 10.12. The stock has a market capitalization of £1.13 billion, a P/E ratio of 14.09 and a beta of 0.81.

Edinburgh Investment Company Profile

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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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