Ashoka India Equity Investment (LON:AIE) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Ashoka India Equity Investment (LON:AIEGet Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 243.12 and traded as high as GBX 249. Ashoka India Equity Investment shares last traded at GBX 247.50, with a volume of 1,951,249 shares traded.

Ashoka India Equity Investment Stock Performance

The business’s fifty day moving average price is GBX 252.97 and its two-hundred day moving average price is GBX 243.17. The stock has a market capitalization of £424.99 million, a P/E ratio of -9.82 and a beta of 0.16.

Insider Buying and Selling at Ashoka India Equity Investment

In other news, insider Sarah MacAulay bought 42,000 shares of the stock in a transaction dated Monday, August 3rd. The stock was purchased at an average price of GBX 258 per share, for a total transaction of £108,360. Corporate insiders own 0.30% of the company’s stock.

About Ashoka India Equity Investment

(Get Free Report)

ASHOKA INDIA EQUITY INVESTMENT TRUST IS A HIGH CONVICTION, LONG-ONLY INVESTMENT TRUST, INVESTING MAINLY IN SECURITIES LISTED IN INDIA AND LISTED SECURITIES OF COMPANIES WITH A SIGNIFICANT PRESENCE IN INDIA

Further Reading

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