Edinburgh Worldwide (LON:EWI) Reaches New 1-Year High – Time to Buy?

Edinburgh Worldwide (LON:EWIGet Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as GBX 207.15 ($2.79) and last traded at GBX 204 ($2.74), with a volume of 521316 shares traded. The stock had previously closed at GBX 207 ($2.78).

Edinburgh Worldwide Trading Up 0.3%

The firm’s 50-day moving average is GBX 192.12 and its two-hundred day moving average is GBX 172.66. The stock has a market cap of £716.39 million, a price-to-earnings ratio of 4,704.83 and a beta of 0.78.

Edinburgh Worldwide (LON:EWIGet Free Report) last released its quarterly earnings results on Wednesday, June 25th. The company reported GBX (0.85) earnings per share for the quarter. Edinburgh Worldwide had a return on equity of 11.47% and a net margin of 90.88%.

Edinburgh Worldwide Company Profile

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The Trust aims for capital growth from a global portfolio of initially immature entrepreneurial companies, typically with a market capitalisation of less than $5bn at time of initial investment, which are believed to offer long-term growth potential (over at least five years). The portfolio does not seek to track the comparative index, hence a degree of volatility against companies index is inevitable.

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