Edinburgh Investment (LON:EDIN) Reaches New 52-Week High – Here’s Why

Edinburgh Investment (LON:EDIN – Get Free Report) hit a new 52-week high during mid-day trading on Monday. The company traded as high as GBX 865 and last traded at GBX 862.20, with a volume of 3,312,570 shares changing hands. The stock had previously closed at GBX 857.

Edinburgh Investment Stock Up 0.6%

The stock has a market cap of £1.06 billion, a PE ratio of 15.42 and a beta of 0.98. The business has a 50 day moving average of GBX 841.72 and a 200-day moving average of GBX 820.62. The company has a current ratio of 4.21, a quick ratio of 3.88 and a debt-to-equity ratio of 11.33.

Edinburgh Investment Company Profile

(Get Free Report)

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.

Recommended Stories

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