Edinburgh Worldwide (LON:EWI) Posts Earnings Results

Edinburgh Worldwide (LON:EWI) posted its earnings results on Thursday. The company reported GBX 18.55 earnings per share for the quarter, Digital Look Earnings reports. The business had revenue of GBX 2,230 million for the quarter. Edinburgh Worldwide had a net margin of 94.47% and a return on equity of 25.75%.

Edinburgh Worldwide Stock Up 0.5%

Shares of EWI traded up GBX 1.50 during midday trading on Thursday, reaching GBX 279. 377,682 shares of the company were exchanged, compared to its average volume of 1,994,320. Edinburgh Worldwide has a 1-year low of GBX 167.20 and a 1-year high of GBX 292.50. The stock has a 50-day moving average price of GBX 259.67 and a 200-day moving average price of GBX 235.99. The company has a current ratio of 0.78, a quick ratio of 0.10 and a debt-to-equity ratio of 10.16. The company has a market cap of £965.02 million, a price-to-earnings ratio of 5.71 and a beta of 0.76.

Edinburgh Worldwide Company Profile

The Trust aims for capital growth from a global portfolio of initially immature entrepreneurial companies, typically with a market capitalisation of less than $5bn at time of initial investment, which are believed to offer long-term growth potential (over at least five years). The portfolio does not seek to track the comparative index, hence a degree of volatility against companies index is inevitable. A spread of risk is achieved by having 75–125 companies, with exposure to a minimum of six countries and 15 industries.