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

Edinburgh Investment (LON:EDIN) hit a new 52-week high on Thursday . The stock traded as high as GBX 813 ($10.99) and last traded at GBX 807.89 ($10.92), with a volume of 72346 shares changing hands. The stock had previously closed at GBX 810 ($10.95).

Edinburgh Investment Stock Up 0.5%

The firm’s fifty day moving average price is GBX 797.81 and its two-hundred day moving average price is GBX 774.48. The stock has a market cap of £1.18 billion, a price-to-earnings ratio of 6.53 and a beta of 0.81. The company has a debt-to-equity ratio of 10.12, a current ratio of 32.12 and a quick ratio of 3.88.

Edinburgh Investment (LON:EDIN) last announced its quarterly earnings data on Wednesday, May 21st. The company reported GBX 25.02 earnings per share for the quarter. Edinburgh Investment had a net margin of 95.34% and a return on equity of 16.15%.

Insider Buying and Selling at Edinburgh Investment

In other Edinburgh Investment news, insider Elisabeth Stheeman bought 2,480 shares of the stock in a transaction that occurred on Friday, July 25th. The shares were bought at an average price of GBX 802 per share, for a total transaction of £19,889.60. 4.06% of the stock is owned by corporate insiders.

About Edinburgh Investment

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.