Edinburgh Investment (LON:EDIN) Shares Pass Above 50-Day Moving Average of $721.68

Edinburgh Investment (LON:EDIN) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 721.68 ($9.19) and traded as high as GBX 723.39 ($9.21). Edinburgh Investment shares last traded at GBX 720 ($9.17), with a volume of 270,015 shares traded.

Edinburgh Investment Stock Up 0.1 %

The company has a debt-to-equity ratio of 10.70, a current ratio of 7.79 and a quick ratio of 3.88. The firm has a market capitalization of £1.10 billion, a P/E ratio of 553.85 and a beta of 0.82. The business has a 50 day moving average price of GBX 721.68 and a 200 day moving average price of GBX 689.37.

Edinburgh Investment Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, July 26th. Stockholders of record on Thursday, June 6th will be issued a dividend of GBX 6.90 ($0.09) per share. The ex-dividend date is Thursday, June 6th. This represents a dividend yield of 0.94%. Edinburgh Investment’s dividend payout ratio (DPR) is presently 2,076.92%.

Insider Transactions at Edinburgh Investment

In related news, insider Annabel Tagoe-Bannerman purchased 732 shares of Edinburgh Investment stock in a transaction on Tuesday, March 26th. The stock was purchased at an average cost of GBX 682 ($8.68) per share, with a total value of £4,992.24 ($6,357.11). In other news, insider Annabel Tagoe-Bannerman purchased 732 shares of the business’s stock in a transaction on Tuesday, March 26th. The stock was purchased at an average price of GBX 682 ($8.68) per share, with a total value of £4,992.24 ($6,357.11). Also, insider Elisabeth Stheeman acquired 2,720 shares of Edinburgh Investment stock in a transaction on Thursday, June 6th. The stock was purchased at an average price of GBX 731 ($9.31) per share, with a total value of £19,883.20 ($25,319.24). 3.59% of the stock is currently owned by corporate insiders.

Edinburgh Investment Company Profile

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.