Edinburgh Worldwide (LON:EWI) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

Edinburgh Worldwide (LON:EWI)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 215.08 and traded as high as GBX 227.50. Edinburgh Worldwide shares last traded at GBX 226.64, with a volume of 1,210,353 shares trading hands.

Edinburgh Worldwide Trading Up 0.4%

The stock has a market capitalization of £789.16 million, a price-to-earnings ratio of 52.30 and a beta of 0.78. The firm’s fifty day moving average price is GBX 215.08 and its 200 day moving average price is GBX 203.19.

Edinburgh Worldwide (LON:EWI) last posted its earnings results on Monday, January 12th. The company reported GBX (1.11) earnings per share for the quarter. Edinburgh Worldwide had a net margin of 90.88% and a return on equity of 11.47%.

About Edinburgh Worldwide

The Trust aims for capital growth from a global portfolio of initially immature entrepreneurial companies, typically with a market capitalisation of less than $5bn at time of initial investment, which are believed to offer long-term growth potential (over at least five years). The portfolio does not seek to track the comparative index, hence a degree of volatility against companies index is inevitable. A spread of risk is achieved by having 75–125 companies, with exposure to a minimum of six countries and 15 industries.