Edinburgh Worldwide (LON:EWI) Shares Pass Above 50 Day Moving Average – Time to Sell?

Edinburgh Worldwide (LON:EWIGet Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 184.12 ($2.25) and traded as high as GBX 196 ($2.40). Edinburgh Worldwide shares last traded at GBX 193 ($2.36), with a volume of 1,625,763 shares trading hands.

Edinburgh Worldwide Stock Performance

The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 15.16. The firm has a 50-day moving average of GBX 184.12 and a 200 day moving average of GBX 163.63. The stock has a market capitalization of £732.38 million, a P/E ratio of -882.95 and a beta of 0.78.

Edinburgh Worldwide Company Profile

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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.

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