Ashoka India Equity Investment (LON:AIE) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

Shares of Ashoka India Equity Investment (LON:AIEGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 245.80 and traded as high as GBX 252. Ashoka India Equity Investment shares last traded at GBX 252, with a volume of 1,228,180 shares traded.

Ashoka India Equity Investment Stock Performance

The company has a fifty day simple moving average of GBX 239.46 and a two-hundred day simple moving average of GBX 245.80. The company has a market capitalization of £426.68 million, a price-to-earnings ratio of -9.86 and a beta of 0.16.

Insider Activity

In other news, insider Jerome Booth sold 21,230 shares of Ashoka India Equity Investment stock in a transaction on Friday, April 24th. The stock was sold at an average price of GBX 236, for a total value of £50,102.80. 0.22% of the stock is owned by company insiders.

About Ashoka India Equity Investment

(Get Free Report)

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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