Edinburgh Investment (LON:EDIN) Stock Crosses Above Fifty Day Moving Average – Time to Sell?

Edinburgh Investment (LON:EDIN) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 817.07 and traded as high as GBX 855. Edinburgh Investment shares last traded at GBX 851, with a volume of 234,920 shares.

Edinburgh Investment Stock Up 0.1%

The company has a quick ratio of 3.88, a current ratio of 4.21 and a debt-to-equity ratio of 11.33. The business has a 50-day simple moving average of GBX 818.13 and a two-hundred day simple moving average of GBX 803.19. The stock has a market capitalization of £1.07 billion, a P/E ratio of 15.19 and a beta of 0.97.

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

Insiders Place Their Bets

In other Edinburgh Investment news, insider Elisabeth Stheeman bought 1,250 shares of Edinburgh Investment stock in a transaction on Friday, May 22nd. The shares were purchased at an average cost of GBX 795 per share, for a total transaction of £9,937.50. 0.37% of the stock is owned by insiders.

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.