Edinburgh Investment (LON:EDIN) Reaches New 1-Year High – What’s Next?

Edinburgh Investment (LON:EDIN)’s stock price reached a new 52-week high on Monday . The stock traded as high as GBX 861 and last traded at GBX 855.69, with a volume of 220593 shares trading hands. The stock had previously closed at GBX 855.

Edinburgh Investment Trading Up 0.7%

The company has a debt-to-equity ratio of 11.33, a quick ratio of 3.88 and a current ratio of 4.21. The business has a 50 day moving average of GBX 824.44 and a two-hundred day moving average of GBX 805.03. The firm has a market capitalization of £1.08 billion, a price-to-earnings ratio of 15.40 and a beta of 0.97.

Edinburgh Investment (LON:EDIN) last issued its earnings results on Thursday, May 21st. The company reported GBX 26.60 earnings per share (EPS) for the quarter. Edinburgh Investment had a return on equity of 7.03% and a net margin of 89.72%.The company had revenue of GBX 4,075 million for the quarter.

About Edinburgh Investment

Edinburgh Investment Trust offers exposure primarily to UK-listed equities. It may also hold up to 20% of assets in equities listed overseas. The Company invests primarily in UK securities with the long term objective of achieving: 1. An increase of the Net Asset Value per share in excess of the growth in the FTSE All-Share Index; and 2. Growth in dividends per share in excess of the rate of UK inflation. It is managed by Imran Sattar, with Emily Barnard being the Deputy Manager. He constructs a high conviction portfolio of c.40 holdings based on fundamental company research.