Edinburgh Investment (LON:EDIN) Stock Price Crosses Below 50-Day Moving Average – Time to Sell?

Edinburgh Investment (LON:EDIN)’s share price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 745.13 ($9.86) and traded as low as GBX 724.10 ($9.58). Edinburgh Investment shares last traded at GBX 732 ($9.69), with a volume of 1,710,096 shares changing hands.

Edinburgh Investment Price Performance

The firm’s fifty day moving average price is GBX 744.19 and its 200 day moving average price is GBX 744.37. The stock has a market cap of £1.07 billion, a PE ratio of 5.94 and a beta of 0.81. The company has a quick ratio of 3.88, a current ratio of 32.12 and a debt-to-equity ratio of 10.12.

Edinburgh Investment Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, April 1st. Investors of record on Thursday, March 27th were given a GBX 15.25 ($0.20) dividend. This is an increase from Edinburgh Investment’s previous dividend of $6.90. This represents a dividend yield of 3.09%. The ex-dividend date of this dividend was Thursday, March 27th. Edinburgh Investment’s payout ratio is currently 22.40%.

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.