Edinburgh Investment (LON:EDIN) Sets New 1-Year High – Here’s Why

Edinburgh Investment (LON:EDIN – Get Free Report) reached a new 52-week high during mid-day trading on Thursday. The company traded as high as GBX 864 and last traded at GBX 861, with a volume of 744,279 shares traded. The stock had previously closed at GBX 847.

Edinburgh Investment Stock Performance

The firm has a market cap of £1.06 billion, a P/E ratio of 15.40 and a beta of 0.98. 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’s 50-day simple moving average is GBX 841.22 and its 200 day simple moving average is GBX 817.72.

About Edinburgh Investment

(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.

Further Reading

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