Ashoka India Equity Investment (LON:AIE) Share Price Passes Above 200-Day Moving Average – Here’s Why

Ashoka India Equity Investment (LON:AIEGet Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 242.41 and traded as high as GBX 258.50. Ashoka India Equity Investment shares last traded at GBX 256.50, with a volume of 495,060 shares changing hands.

Ashoka India Equity Investment Trading Down 0.4%

The firm has a fifty day simple moving average of GBX 250.29 and a two-hundred day simple moving average of GBX 242.51. The firm has a market cap of £434.30 million, a PE ratio of -10.03 and a beta of 0.16.

Insider Activity at Ashoka India Equity Investment

In other Ashoka India Equity Investment news, insider Sarah MacAulay bought 42,000 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was bought at an average price of GBX 258 per share, for a total transaction of £108,360. 0.27% of the stock is currently owned by corporate insiders.

Ashoka India Equity Investment Company Profile

(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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