Ashoka Whiteoak Emerging Markets Trust (LON:AWEM) Stock Price Down 2.8% – Here’s Why

Shares of Ashoka Whiteoak Emerging Markets Trust Plc (LON:AWEMGet Free Report) were down 2.8% during mid-day trading on Thursday . The company traded as low as GBX 174.12 and last traded at GBX 175. Approximately 24,260 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 54,447 shares. The stock had previously closed at GBX 180.

Ashoka Whiteoak Emerging Markets Trust Stock Up 4.5%

The stock has a fifty day simple moving average of GBX 179.05 and a 200 day simple moving average of GBX 174.19. The firm has a market capitalization of £75.84 million, a P/E ratio of 6.08 and a beta of 0.76.

Ashoka Whiteoak Emerging Markets Trust (LON:AWEMGet Free Report) last released its earnings results on Tuesday, June 30th. The company reported GBX 0.20 earnings per share (EPS) for the quarter.

Insiders Place Their Bets

In related news, insider Howard Pearce acquired 5,000 shares of the business’s stock in a transaction on Tuesday, June 30th. The stock was acquired at an average cost of GBX 189 per share, with a total value of £9,450. 0.21% of the stock is owned by insiders.

About Ashoka Whiteoak Emerging Markets Trust

(Get Free Report)

Ashoka WhiteOak Emerging Markets Trust plc is a new UK investment trust seeking to achieve long-term capital appreciation through investment primarily in quoted securities that provide exposure to global Emerging Markets.

Further Reading

Receive News & Ratings for Ashoka Whiteoak Emerging Markets Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ashoka Whiteoak Emerging Markets Trust and related companies with MarketBeat.com's FREE daily email newsletter.