Edinburgh Worldwide (LON:EWI) Posts Quarterly Earnings Results

Edinburgh Worldwide (LON:EWI) issued its earnings results on Thursday. The company reported GBX 18.55 earnings per share for the quarter, Digital Look Earnings reports. Edinburgh Worldwide had a net margin of 94.47% and a return on equity of 25.75%. The business had revenue of GBX 2,230 million for the quarter.

Edinburgh Worldwide Price Performance

EWI traded up GBX 2.50 on Thursday, hitting GBX 280. 350,345 shares of the company were exchanged, compared to its average volume of 1,994,094. The firm has a market capitalization of £968.48 million, a P/E ratio of 5.73 and a beta of 0.76. Edinburgh Worldwide has a fifty-two week low of GBX 167.20 and a fifty-two week high of GBX 292.50. The business’s fifty day moving average is GBX 259.67 and its 200 day moving average is GBX 235.99. The company has a debt-to-equity ratio of 10.16, a quick ratio of 0.10 and a current ratio of 0.78.

About Edinburgh Worldwide

The Trust aims for capital growth from a global portfolio of initially immature entrepreneurial companies, typically with a market capitalisation of less than $5bn at time of initial investment, which are believed to offer long-term growth potential (over at least five years). The portfolio does not seek to track the comparative index, hence a degree of volatility against companies index is inevitable. A spread of risk is achieved by having 75–125 companies, with exposure to a minimum of six countries and 15 industries.