Ashoka India Equity Investment (LON:AIE) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Ashoka India Equity Investment (LON:AIE – Get Free Report)’s share price crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 243.59 and traded as high as GBX 254.50. Ashoka India Equity Investment shares last traded at GBX 250.50, with a volume of 222,964 shares changing hands.

Ashoka India Equity Investment Trading Up 0.2%

The firm has a 50 day moving average price of GBX 253.18 and a 200 day moving average price of GBX 243.59. The stock has a market capitalization of £424.14 million, a PE ratio of -9.80 and a beta of 0.16.

Insider Buying and Selling

In other news, insider Sarah MacAulay purchased 42,000 shares of the stock in a transaction on Monday, August 3rd. The shares were acquired at an average price of GBX 258 per share, with a total value of £108,360. Insiders own 0.30% of the company’s stock.

Ashoka India Equity Investment Company Profile

(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

Receive News & Ratings for Ashoka India Equity Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ashoka India Equity Investment and related companies with MarketBeat.com's FREE daily email newsletter.