Edinburgh Worldwide (LON:EWI) Shares Cross Above Fifty Day Moving Average – What’s Next?

Shares of Edinburgh Worldwide (LON:EWI) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 222.57 and traded as high as GBX 234.50. Edinburgh Worldwide shares last traded at GBX 234, with a volume of 1,969,287 shares.

Edinburgh Worldwide Price Performance

The business has a 50 day simple moving average of GBX 222.57 and a 200-day simple moving average of GBX 207.79. The stock has a market capitalization of £819.75 million, a price-to-earnings ratio of 4.85 and a beta of 0.78.

Edinburgh Worldwide (LON:EWI) last issued its quarterly earnings data on Monday, January 12th. The company reported GBX (1.11) earnings per share (EPS) for the quarter. Edinburgh Worldwide had a net margin of 90.88% and a return on equity of 11.47%.

About Edinburgh Worldwide

The Trust aims for capital growth from a global portfolio of initially immature entrepreneurial companies, typically with a market capitalisation of less than $5bn at time of initial investment, which are believed to offer long-term growth potential (over at least five years). The portfolio does not seek to track the comparative index, hence a degree of volatility against companies index is inevitable. A spread of risk is achieved by having 75–125 companies, with exposure to a minimum of six countries and 15 industries.