Edinburgh Investment (LON:EDIN) Reaches New 52-Week High at $706.00

Edinburgh Investment (LON:EDIN) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 706 ($8.79) and last traded at GBX 702 ($8.74), with a volume of 314247 shares trading hands. The stock had previously closed at GBX 701 ($8.73).

Edinburgh Investment Stock Performance

The business’s fifty day moving average price is GBX 674.02 and its 200-day moving average price is GBX 667.45. The company has a debt-to-equity ratio of 10.70, a quick ratio of 3.88 and a current ratio of 7.79. The stock has a market cap of £1.05 billion, a PE ratio of 540.00 and a beta of 0.82.

Edinburgh Investment Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, February 23rd. Stockholders of record on Thursday, February 1st were issued a dividend of GBX 6.70 ($0.08) per share. This represents a dividend yield of 1%. The ex-dividend date was Thursday, February 1st. Edinburgh Investment’s payout ratio is presently 2,076.92%.

Insider Activity

In other Edinburgh Investment news, insider Annabel Tagoe-Bannerman acquired 732 shares of the company’s stock in a transaction that occurred on Tuesday, March 26th. The shares were bought at an average price of GBX 682 ($8.49) per share, with a total value of £4,992.24 ($6,214.66). In other Edinburgh Investment news, insider Elisabeth Stheeman acquired 551 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The shares were bought at an average price of GBX 668 ($8.32) per share, with a total value of £3,680.68 ($4,581.95). Also, insider Annabel Tagoe-Bannerman acquired 732 shares of the company’s stock in a transaction that occurred on Tuesday, March 26th. The stock was acquired at an average cost of GBX 682 ($8.49) per share, for a total transaction of £4,992.24 ($6,214.66). Insiders own 3.59% of the company’s stock.

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.