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

Edinburgh Investment (LON:EDIN – Get Free Report)’s stock price reached a new 52-week high on Monday. The stock traded as high as GBX 866 and last traded at GBX 865, with a volume of 89,375 shares trading hands. The stock had previously closed at GBX 860.

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 business’s 50 day simple moving average is GBX 843.05 and its two-hundred day simple moving average is GBX 815.08. The stock has a market capitalization of £1.06 billion, a P/E ratio of 15.47 and a beta of 0.98.

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.

Read More

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.