Edinburgh Investment (LON:EDIN) Stock Crosses Above 50 Day Moving Average of $730.78

Edinburgh Investment (LON:EDIN – Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 730.78 ($9.36) and traded as high as GBX 744.45 ($9.54). Edinburgh Investment shares last traded at GBX 744 ($9.53), with a volume of 224,221 shares changing hands.

Edinburgh Investment Price Performance

The stock has a market capitalization of £1.13 billion, a price-to-earnings ratio of 572.31 and a beta of 0.82. The company has a debt-to-equity ratio of 10.70, a quick ratio of 3.88 and a current ratio of 7.79. The company has a fifty day simple moving average of GBX 730.78 and a two-hundred day simple moving average of GBX 697.27.

Edinburgh Investment Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, July 26th. Stockholders of record on Thursday, June 6th will be paid a GBX 6.90 ($0.09) dividend. The ex-dividend date is Thursday, June 6th. This represents a dividend yield of 0.94%. Edinburgh Investment’s payout ratio is 2,076.92%.

Insider Activity

In other Edinburgh Investment news, insider Elisabeth Stheeman purchased 2,720 shares of the firm’s stock in a transaction dated Thursday, June 6th. The shares were bought at an average price of GBX 731 ($9.36) per share, for a total transaction of £19,883.20 ($25,468.43). Corporate insiders own 3.59% of the company’s stock.

About Edinburgh Investment

(Get Free Report)

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.

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