Edinburgh Investment (LON:EDIN) Hits New 1-Year High – What’s Next?

Edinburgh Investment (LON:EDIN)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 861 and last traded at GBX 855.69, with a volume of 220593 shares changing hands. The stock had previously closed at GBX 855.

Edinburgh Investment Price Performance

The firm has a 50 day moving average price of GBX 824.44 and a two-hundred day moving average price of GBX 805.03. The company has a market cap of £1.08 billion, a P/E ratio of 15.40 and a beta of 0.97. The company has a debt-to-equity ratio of 11.33, a quick ratio of 3.88 and a current ratio of 4.21.

Edinburgh Investment (LON:EDIN) last posted its earnings results on Thursday, May 21st. The company reported GBX 26.60 earnings per share for the quarter. Edinburgh Investment had a net margin of 89.72% and a return on equity of 7.03%. The firm had revenue of GBX 4,075 million during the quarter.

Edinburgh Investment Company Profile

Edinburgh Investment Trust offers exposure primarily to UK-listed equities. It may also hold up to 20% of assets in equities listed overseas. The Company invests primarily in UK securities with the long term objective of achieving: 1. An increase of the Net Asset Value per share in excess of the growth in the FTSE All-Share Index; and 2. Growth in dividends per share in excess of the rate of UK inflation. It is managed by Imran Sattar, with Emily Barnard being the Deputy Manager. He constructs a high conviction portfolio of c.40 holdings based on fundamental company research.