Edinburgh Investment (LON:EDIN) Shares Pass Below Fifty Day Moving Average – Time to Sell?

Edinburgh Investment (LON:EDIN) shares crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 812.59 and traded as low as GBX 810. Edinburgh Investment shares last traded at GBX 818, with a volume of 166,117 shares traded.

Edinburgh Investment Stock Up 0.0%

The company has a quick ratio of 3.88, a current ratio of 32.12 and a debt-to-equity ratio of 10.12. The business has a 50-day simple moving average of GBX 812.59 and a 200-day simple moving average of GBX 808.89. The stock has a market cap of £1.11 billion, a P/E ratio of 14.23 and a beta of 0.81.

Edinburgh Investment (LON:EDIN) last issued its quarterly earnings data on Wednesday, November 26th. The company reported GBX 13.96 earnings per share for the quarter. Edinburgh Investment had a net margin of 95.34% and a return on equity of 16.15%.

Edinburgh Investment Company Profile

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.