Ashoka Whiteoak Emerging Markets Trust (LON:AWEM) Stock Falls 1.6% – What’s Next?

Ashoka Whiteoak Emerging Markets Trust Plc (LON:AWEM)’s share price was down 1.6% during mid-day trading on Friday. The stock traded as low as GBX 182 and last traded at GBX 182. 77,436 shares were traded during mid-day trading, an increase of 45% from the average daily volume of 53,493 shares. The stock had previously closed at GBX 185.

Ashoka Whiteoak Emerging Markets Trust Stock Down 1.6%

The company has a market cap of £76.64 million, a PE ratio of 6.05 and a beta of 0.76. The business’s 50 day moving average price is GBX 178.93 and its 200-day moving average price is GBX 175.98.

Ashoka Whiteoak Emerging Markets Trust (LON:AWEM) last announced its earnings results on Tuesday, June 30th. The company reported GBX 0.20 earnings per share (EPS) for the quarter. Ashoka Whiteoak Emerging Markets Trust had a return on equity of 22.28% and a net margin of 92.55%.

Insider Buying and Selling at Ashoka Whiteoak Emerging Markets Trust

In other news, insider Howard Pearce acquired 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The shares were acquired at an average price of GBX 189 per share, with a total value of £9,450. 0.21% of the stock is currently owned by company insiders.

About Ashoka Whiteoak Emerging Markets Trust

Ashoka WhiteOak Emerging Markets Trust plc is a new UK investment trust seeking to achieve long-term capital appreciation through investment primarily in quoted securities that provide exposure to global Emerging Markets.