Trend Tide News

Edinburgh Investment (LON:EDIN) Stock Passes Below 200 Day Moving Average - Here's Why


Edinburgh Investment (LON:EDIN) Stock Passes Below 200 Day Moving Average   - Here's Why

Edinburgh Investment (LON:EDIN - Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 748.31 ($9.31) and traded as low as GBX 745 ($9.27). Edinburgh Investment shares last traded at GBX 750 ($9.33), with a volume of 185,071 shares traded.

The company has a current ratio of 7.29, a quick ratio of 3.88 and a debt-to-equity ratio of 10.57. The stock has a market cap of £1.13 billion, a P/E ratio of 911.20 and a beta of 0.81. The business's fifty day simple moving average is GBX 747.41 and its 200 day simple moving average is GBX 748.31.

Edinburgh Investment (LON:EDIN - Get Free Report) last released its quarterly earnings results on Tuesday, November 19th. The company reported GBX 13.08 ($0.16) EPS for the quarter. Edinburgh Investment had a net margin of 93.28% and a return on equity of 11.58%.

The company also recently announced a dividend, which will be paid on Friday, February 21st. Stockholders of record on Thursday, January 30th will be paid a GBX 6.90 ($0.09) dividend. The ex-dividend date of this dividend is Thursday, January 30th. This represents a dividend yield of 0.92%. Edinburgh Investment's dividend payout ratio (DPR) is currently 3,373.49%.

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.

Before you consider Edinburgh Investment, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Edinburgh Investment wasn't on the list.

While Edinburgh Investment currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

Previous articleNext article

POPULAR CATEGORY

commerce

10327

tech

10597

amusement

12549

science

5728

various

13330

healthcare

10178

sports

13329