Ashoka India Equity Investment (LON:AIE – Get Free Report) released its quarterly earnings data on Wednesday. The company reported GBX 75 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Ashoka India Equity Investment had a negative return on equity of 9.01% and a negative net margin of 406.74%.
Ashoka India Equity Investment Stock Down 1.6%
Shares of Ashoka India Equity Investment stock opened at GBX 242 on Thursday. The company has a market capitalization of £409.75 million, a price-to-earnings ratio of -9.46 and a beta of 0.16. Ashoka India Equity Investment has a 52 week low of GBX 214.50 and a 52 week high of GBX 286.50. The stock’s 50-day simple moving average is GBX 252.59 and its 200-day simple moving average is GBX 244.49.
Insiders Place Their Bets
In related news, insider Sarah MacAulay acquired 42,000 shares of the stock in a transaction on Monday, August 3rd. The stock was bought at an average cost of GBX 258 per share, with a total value of £108,360. 0.30% of the stock is owned by company insiders.
Ashoka India Equity Investment Company Profile
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
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