Edinburgh Dragon Trust (LON:EFM) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Edinburgh Dragon Trust plc (LON:EFMGet Free Report)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 400.50 ($5.19) and traded as low as GBX 396.90 ($5.15). Edinburgh Dragon Trust shares last traded at GBX 400.50 ($5.19), with a volume of 296,613 shares traded.

Edinburgh Dragon Trust Stock Performance

The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 4.76. The company’s 50 day moving average is GBX 400.50 and its 200-day moving average is GBX 400.50. The company has a market capitalization of £513.41 million and a P/E ratio of -17.34.

Edinburgh Dragon Trust Company Profile

(Get Free Report)

Edinburgh Dragon Trust plc is an investment trust. The Company’s objective is to achieve long-term capital growth through investment in the Far East with the exception of Japan and Australasia. The Company’s assets are invested in a diversified portfolio of securities in quoted companies spread across a range of industries and economies in the Asia Pacific region, excluding Japan and Australasia.

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