Edinburgh Investment (LON:EDIN) Reaches New 12-Month Low – Time to Sell?

Edinburgh Investment (LON:EDIN)’s stock price reached a new 52-week low on Tuesday . The company traded as low as GBX 583 and last traded at GBX 851.07, with a volume of 3628823 shares trading hands. The stock had previously closed at GBX 850.

Edinburgh Investment Price Performance

The company has a quick ratio of 3.88, a current ratio of 4.21 and a debt-to-equity ratio of 11.33. The firm has a market capitalization of £1.08 billion, a PE ratio of 15.22 and a beta of 0.97. The firm’s fifty day simple moving average is GBX 809.35 and its 200-day simple moving average is GBX 801.19.

Edinburgh Investment (LON:EDIN) last posted its quarterly earnings results on Thursday, May 21st. The company reported GBX 26.60 EPS for the quarter. Edinburgh Investment had a net margin of 89.72% and a return on equity of 7.03%. The firm had revenue of GBX 4,075 million for the quarter.

Insider Transactions at Edinburgh Investment

In other Edinburgh Investment news, insider Elisabeth Stheeman acquired 1,250 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were acquired at an average cost of GBX 795 per share, with a total value of £9,937.50. Company insiders own 0.37% of the company’s stock.

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. Growth in dividends per share in excess of the rate of UK inflation. It is managed by Imran Sattar, with Emily Barnard being the Deputy Manager. He constructs a high conviction portfolio of c.40 holdings based on fundamental company research.