Edinburgh Investment (LON:EDIN) Reaches New 52-Week High – Time to Buy?

Edinburgh Investment (LON:EDIN)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as GBX 842 and last traded at GBX 841.86, with a volume of 214079 shares. The stock had previously closed at GBX 837.

Edinburgh Investment Stock Performance

The firm has a market capitalization of £1.07 billion, a price-to-earnings ratio of 15.04 and a beta of 0.96. The stock’s fifty day moving average is GBX 803.86 and its two-hundred day moving average is GBX 800.57. The company has a quick ratio of 3.88, a current ratio of 4.21 and a debt-to-equity ratio of 11.33.

Edinburgh Investment (LON:EDIN) last released its quarterly earnings data on Thursday, May 21st. The company reported GBX 26.60 earnings per share (EPS) for the quarter. Edinburgh Investment had a return on equity of 7.03% and a net margin of 89.72%.The firm had revenue of GBX 4,075 million for the quarter.

Insiders Place Their Bets

In other Edinburgh Investment news, insider Elisabeth Stheeman purchased 1,250 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were acquired at an average price of GBX 795 per share, for a total transaction of £9,937.50. Company insiders own 0.37% of the company’s stock.

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. 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.