Ashoka India Equity Investment (LON:AIE) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Ashoka India Equity Investment (LON:AIE – Get Free Report)’s stock price passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of GBX 244.26 and traded as low as GBX 242. Ashoka India Equity Investment shares last traded at GBX 243.12, with a volume of 744,361 shares trading hands.

Ashoka India Equity Investment Stock Up 0.2%

The company has a fifty day moving average of GBX 252.71 and a two-hundred day moving average of GBX 244.37. The stock has a market capitalization of £416.52 million, a price-to-earnings ratio of -9.62 and a beta of 0.16.

Ashoka India Equity Investment (LON:AIE – Get Free Report) last announced its quarterly earnings data on Wednesday, October 7th. The company reported GBX 75 earnings per share (EPS) for the quarter. Ashoka India Equity Investment had a negative net margin of 406.74% and a negative return on equity of 9.01%.

Insider Activity

In other news, insider Sarah MacAulay purchased 42,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was purchased at an average cost of GBX 258 per share, with a total value of £108,360. 0.30% of the stock is currently owned by company 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

Further Reading

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