Edinburgh Investment (LON:EDIN) Reaches New 52-Week High at $784.00

Edinburgh Investment (LON:EDIN)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 784 ($10.08) and last traded at GBX 781 ($10.05), with a volume of 260843 shares traded. The stock had previously closed at GBX 776 ($9.98).

Edinburgh Investment Price Performance

The company has a current ratio of 7.79, a quick ratio of 3.88 and a debt-to-equity ratio of 10.70. The business’s 50 day moving average price is GBX 736.32 and its two-hundred day moving average price is GBX 703.70. The stock has a market cap of £1.19 billion, a P/E ratio of 599.32 and a beta of 0.82.

Edinburgh Investment Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, July 26th. Shareholders of record on Thursday, June 6th were given a dividend of GBX 6.90 ($0.09) per share. The ex-dividend date was Thursday, June 6th. This represents a yield of 0.94%. Edinburgh Investment’s payout ratio is 2,076.92%.

Insider Transactions at Edinburgh Investment

In other news, insider Elisabeth Stheeman acquired 2,720 shares of the firm’s stock in a transaction on Thursday, June 6th. The stock was acquired at an average price of GBX 731 ($9.40) per share, for a total transaction of £19,883.20 ($25,576.54). Corporate insiders own 3.59% of the company’s stock.

Edinburgh Investment Company Profile

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.