Edinburgh Investment (LON:EDIN) Sets New 12-Month High at $690.00

Edinburgh Investment (LON:EDIN) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 690 ($8.72) and last traded at GBX 690 ($8.72), with a volume of 248897 shares traded. The stock had previously closed at GBX 686 ($8.67).

Edinburgh Investment Trading Up 0.6 %

The company’s 50 day simple moving average is GBX 667.78 and its 200-day simple moving average is GBX 665.01. The company has a quick ratio of 3.88, a current ratio of 7.79 and a debt-to-equity ratio of 10.70. The firm has a market cap of £1.05 billion, a P/E ratio of 527.69 and a beta of 0.82.

Edinburgh Investment Announces Dividend

The business also recently declared a dividend, which was paid on Friday, February 23rd. Stockholders of record on Thursday, February 1st were paid a dividend of GBX 6.70 ($0.08) per share. This represents a dividend yield of 1%. The ex-dividend date of this dividend was Thursday, February 1st. Edinburgh Investment’s dividend payout ratio is presently 2,076.92%.

Insider Activity

In other Edinburgh Investment news, insider Elisabeth Stheeman acquired 551 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The shares were bought at an average cost of GBX 668 ($8.44) per share, with a total value of £3,680.68 ($4,651.43). In other news, insider Annabel Tagoe-Bannerman purchased 732 shares of the business’s stock in a transaction on Tuesday, March 26th. The shares were acquired at an average cost of GBX 682 ($8.62) per share, with a total value of £4,992.24 ($6,308.91). Also, insider Elisabeth Stheeman purchased 551 shares of the business’s stock in a transaction on Monday, March 4th. The stock was purchased at an average cost of GBX 668 ($8.44) per share, for a total transaction of £3,680.68 ($4,651.43). Insiders own 3.59% of the company’s stock.

Edinburgh Investment Company Profile

The Edinburgh Investment Trust plc is a closed-ended equity mutual fund launched and managed by Majedie Asset Management Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying growth stocks of companies.