Ashoka India Equity Investment (LON:AIE) Stock Crosses Above 200-Day Moving Average – What’s Next?

Ashoka India Equity Investment (LON:AIEGet Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 243.26 and traded as high as GBX 254. Ashoka India Equity Investment shares last traded at GBX 251.50, with a volume of 271,363 shares changing hands.

Ashoka India Equity Investment Stock Performance

The firm’s 50 day moving average is GBX 253.56 and its 200 day moving average is GBX 243.21. The stock has a market cap of £424.99 million, a P/E ratio of -9.82 and a beta of 0.16.

Insider Buying and Selling at Ashoka India Equity Investment

In related news, insider Sarah MacAulay acquired 42,000 shares of the business’s stock in a transaction dated Monday, August 3rd. The shares were purchased at an average price of GBX 258 per share, for a total transaction of £108,360. Insiders own 0.30% of the company’s stock.

About Ashoka India Equity Investment

(Get Free Report)

ASHOKA INDIA EQUITY INVESTMENT TRUST IS A HIGH CONVICTION, LONG-ONLY INVESTMENT TRUST, INVESTING MAINLY IN SECURITIES LISTED IN INDIA AND LISTED SECURITIES OF COMPANIES WITH A SIGNIFICANT PRESENCE IN INDIA

Recommended Stories

Receive News & Ratings for Ashoka India Equity Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ashoka India Equity Investment and related companies with MarketBeat.com's FREE daily email newsletter.