Edinburgh Investment (LON:EDIN) Hits New 52-Week High – Here’s Why

Edinburgh Investment (LON:EDIN – Get Free Report) shares reached a new 52-week high during trading on Monday. The company traded as high as GBX 866 and last traded at GBX 865, with a volume of 89,375 shares changing hands. The stock had previously closed at GBX 860.

Edinburgh Investment Trading Up 0.6%

The company has a current ratio of 4.21, a quick ratio of 3.88 and a debt-to-equity ratio of 11.33. The stock has a fifty day moving average of GBX 843.05 and a two-hundred day moving average of GBX 815.08. The company has a market capitalization of £1.06 billion, a PE ratio of 15.47 and a beta of 0.98.

About Edinburgh Investment

(Get Free Report)

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.

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