Edinburgh Investment (LON:EDIN) Stock Crosses Above Fifty Day Moving Average – Time to Sell?

Edinburgh Investment (LON:EDIN)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 743.97 ($9.05) and traded as high as GBX 760 ($9.25). Edinburgh Investment shares last traded at GBX 760 ($9.25), with a volume of 203,272 shares changing hands.

Edinburgh Investment Price Performance

The company has a current ratio of 7.29, a quick ratio of 3.88 and a debt-to-equity ratio of 10.57. The company has a market capitalization of £1.13 billion, a PE ratio of 915.66 and a beta of 0.81. The stock’s 50-day moving average is GBX 743.97 and its two-hundred day moving average is GBX 747.05.

Edinburgh Investment Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, October 31st were paid a dividend of GBX 6.90 ($0.08) per share. This represents a dividend yield of 0.93%. The ex-dividend date of this dividend was Thursday, October 31st. Edinburgh Investment’s dividend payout ratio is currently 3,373.49%.

About Edinburgh Investment

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.