Edinburgh Investment (LON:EDIN) Hits New 12-Month High at $706.00

Posted by Lauren Steadman on Apr 18th, 2024

Edinburgh Investment (LON:EDIN – Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as GBX 706 ($8.79) and last traded at GBX 702 ($8.74), with a volume of 314247 shares traded. The stock had previously closed at GBX 701 ($8.73).

Edinburgh Investment Price Performance

The company has a debt-to-equity ratio of 10.70, a current ratio of 7.79 and a quick ratio of 3.88. The company has a 50-day moving average price of GBX 675.18 and a two-hundred day moving average price of GBX 667.79. The company has a market cap of £1.06 billion, a PE ratio of 532.31 and a beta of 0.82.

Edinburgh Investment Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, February 23rd. Investors of record on Thursday, February 1st were paid a GBX 6.70 ($0.08) dividend. This represents a dividend yield of 1%. The ex-dividend date of this dividend was Thursday, February 1st. Edinburgh Investment’s dividend payout ratio (DPR) is 2,076.92%.

Insider Buying and Selling

In other Edinburgh Investment news, insider Annabel Tagoe-Bannerman purchased 732 shares of the business’s stock in a transaction that occurred on Tuesday, March 26th. The shares were acquired at an average price of GBX 682 ($8.49) per share, for a total transaction of £4,992.24 ($6,214.66). In other Edinburgh Investment news, insider Annabel Tagoe-Bannerman purchased 732 shares of the business’s stock in a transaction that occurred on Tuesday, March 26th. The shares were acquired at an average price of GBX 682 ($8.49) per share, for a total transaction of £4,992.24 ($6,214.66). Also, insider Elisabeth Stheeman purchased 551 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The stock was acquired at an average price of GBX 668 ($8.32) per share, for a total transaction of £3,680.68 ($4,581.95). 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.