Edinburgh Investment (LON:EDIN – Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 758.22 ($10.15) and traded as high as GBX 760 ($10.18). Edinburgh Investment shares last traded at GBX 751 ($10.06), with a volume of 200,232 shares changing hands.
Edinburgh Investment Stock Performance
The company has a market capitalization of £1.13 billion, a price-to-earnings ratio of 910.84 and a beta of 0.81. The stock’s 50 day moving average price is GBX 758.36 and its 200 day moving average price is GBX 730.18. The company has a current ratio of 7.29, a quick ratio of 3.88 and a debt-to-equity ratio of 10.57.
About Edinburgh Investment
The Edinburgh Investment Trust plc is a closed-ended equity mutual fund launched and managed by Majedie Asset Management Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying growth stocks of companies.
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