Ashoka Whiteoak Emerging Markets Trust (LON:AWEM) Shares Down 1.4% – Time to Sell?

Shares of Ashoka Whiteoak Emerging Markets Trust Plc (LON:AWEM) dropped 1.4% during mid-day trading on Thursday . The company traded as low as GBX 177 and last traded at GBX 177. 18,970 shares were traded during trading, a decline of 65% from the average daily volume of 54,885 shares. The stock had previously closed at GBX 179.50.

Ashoka Whiteoak Emerging Markets Trust Trading Down 1.4%

The firm has a 50 day moving average price of GBX 181.83 and a 200 day moving average price of GBX 172.06. The stock has a market capitalization of £73.39 million, a PE ratio of 5.88 and a beta of 0.76.

Ashoka Whiteoak Emerging Markets Trust (LON:AWEM) last released its earnings results on Tuesday, June 30th. The company reported GBX 0.20 earnings per share for the quarter.

Insider Buying and Selling at Ashoka Whiteoak Emerging Markets Trust

In related news, insider Howard Pearce acquired 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The stock was bought at an average cost of GBX 189 per share, for a total transaction of £9,450. 0.21% of the stock is currently owned by insiders.

Ashoka Whiteoak Emerging Markets Trust Company Profile

Ashoka WhiteOak Emerging Markets Trust plc is a new UK investment trust seeking to achieve long-term capital appreciation through investment primarily in quoted securities that provide exposure to global Emerging Markets.