Ashoka India Equity Investment (LON:AIE) Sets New 12-Month Low – Time to Sell?

Ashoka India Equity Investment (LON:AIEGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 218.50 and last traded at GBX 219.06, with a volume of 943873 shares trading hands. The stock had previously closed at GBX 225.

Ashoka India Equity Investment Stock Up 0.7%

The stock has a market capitalization of £385.20 million, a PE ratio of -355.47 and a beta of 0.50. The firm’s fifty day moving average price is GBX 243.47 and its two-hundred day moving average price is GBX 261.91.

Ashoka India Equity Investment (LON:AIEGet Free Report) last issued its earnings results on Thursday, February 26th. The company reported GBX 0.64 earnings per share (EPS) for the quarter. Ashoka India Equity Investment had a negative net margin of 1.74% and a negative return on equity of 0.23%.

About Ashoka India Equity Investment

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ASHOKA INDIA EQUITY INVESTMENT TRUST IS A HIGH CONVICTION, LONG-ONLY INVESTMENT TRUST, INVESTING MAINLY IN SECURITIES LISTED IN INDIA AND LISTED SECURITIES OF COMPANIES WITH A SIGNIFICANT PRESENCE IN INDIA

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