Ashoka India Equity Investment (LON:AIE) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Ashoka India Equity Investment (LON:AIEGet Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 243.22 and traded as high as GBX 259.50. Ashoka India Equity Investment shares last traded at GBX 255.50, with a volume of 210,347 shares changing hands.

Ashoka India Equity Investment Stock Up 1.2%

The company has a market cap of £428.37 million, a PE ratio of -9.89 and a beta of 0.16. The business’s 50 day moving average price is GBX 253.35 and its 200-day moving average price is GBX 243.20.

Insider Activity at Ashoka India Equity Investment

In related news, insider Sarah MacAulay purchased 42,000 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was acquired at an average price of GBX 258 per share, with a total value of £108,360. Company insiders own 0.27% of the company’s stock.

About Ashoka India Equity Investment

(Get Free Report)

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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