Edinburgh Investment (LON:EDIN) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Edinburgh Investment (LON:EDIN) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 749.66 ($9.33) and traded as high as GBX 772 ($9.61). Edinburgh Investment shares last traded at GBX 770 ($9.58), with a volume of 361,862 shares changing hands.

Edinburgh Investment Stock Down 0.4 %

The company has a debt-to-equity ratio of 10.57, a current ratio of 7.29 and a quick ratio of 3.88. The firm’s 50-day moving average price is GBX 751.44 and its 200 day moving average price is GBX 749.66. The firm has a market capitalization of £1.14 billion, a price-to-earnings ratio of 924.10 and a beta of 0.81.

Edinburgh Investment (LON:EDIN) last announced its earnings results on Tuesday, November 19th. The company reported GBX 13.08 ($0.16) EPS for the quarter. Edinburgh Investment had a return on equity of 11.58% and a net margin of 93.28%.

Edinburgh Investment Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, February 6th will be given a dividend of GBX 6.90 ($0.09) per share. This represents a yield of 0.92%. The ex-dividend date of this dividend is Thursday, February 6th. Edinburgh Investment’s dividend payout ratio is presently 3,373.49%.

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.