Edinburgh Investment (LON:EDIN) Sets New 1-Year High at $727.00

Shares of Edinburgh Investment (LON:EDIN) reached a new 52-week high on Monday . The company traded as high as GBX 727 ($9.13) and last traded at GBX 722.60 ($9.08), with a volume of 66043 shares. The stock had previously closed at GBX 722 ($9.07).

Edinburgh Investment Trading Down 0.2 %

The company has a market cap of £1.10 billion, a P/E ratio of 555.38 and a beta of 0.82. The company has a quick ratio of 3.88, a current ratio of 7.79 and a debt-to-equity ratio of 10.70. The business has a 50-day moving average price of GBX 684.50 and a two-hundred day moving average price of GBX 671.13.

Edinburgh Investment Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 24th. Stockholders of record on Thursday, May 2nd will be given a dividend of GBX 6.90 ($0.09) per share. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a dividend yield of 0.97%. This is an increase from Edinburgh Investment’s previous dividend of $6.70. Edinburgh Investment’s payout ratio is presently 2,076.92%.

Insider Transactions at Edinburgh Investment

In other news, insider Annabel Tagoe-Bannerman bought 732 shares of the company’s stock in a transaction dated Tuesday, March 26th. The stock was bought at an average price of GBX 682 ($8.57) per share, for a total transaction of £4,992.24 ($6,270.87). In other news, insider Annabel Tagoe-Bannerman bought 732 shares of the company’s stock in a transaction dated Tuesday, March 26th. The stock was bought at an average price of GBX 682 ($8.57) per share, for a total transaction of £4,992.24 ($6,270.87). Also, insider Elisabeth Stheeman acquired 551 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The stock was bought at an average price of GBX 668 ($8.39) per share, with a total value of £3,680.68 ($4,623.39). 3.59% of the stock is currently owned by corporate insiders.

About Edinburgh Investment

The Edinburgh Investment Trust plc is a closed-ended equity mutual fund launched and managed by Majedie Asset Management Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying growth stocks of companies.