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

Edinburgh Investment (LON:EDIN)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 817.07 and traded as high as GBX 855. Edinburgh Investment shares last traded at GBX 851, with a volume of 234,920 shares trading hands.

Edinburgh Investment Price Performance

The company has a 50-day moving average of GBX 817.07 and a 200-day moving average of GBX 802.95. The company has a debt-to-equity ratio of 11.33, a quick ratio of 3.88 and a current ratio of 4.21. The firm has a market capitalization of £1.07 billion, a price-to-earnings ratio of 15.19 and a beta of 0.97.

Edinburgh Investment (LON:EDIN) last announced its earnings results on Thursday, May 21st. The company reported GBX 26.60 EPS for the quarter. Edinburgh Investment had a net margin of 89.72% and a return on equity of 7.03%. The firm had revenue of GBX 4,075 million for the quarter.

Insider Activity

In related news, insider Elisabeth Stheeman acquired 1,250 shares of the stock in a transaction dated Friday, May 22nd. The stock was bought at an average price of GBX 795 per share, with a total value of £9,937.50. 0.37% of the stock is owned by corporate insiders.

Edinburgh Investment Company Profile

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. Growth in dividends per share in excess of the rate of UK inflation. It is managed by Imran Sattar, with Emily Barnard being the Deputy Manager. He constructs a high conviction portfolio of c.40 holdings based on fundamental company research.