Edinburgh Investment (LON:EDIN) Reaches New 1-Year High at $708.00

Edinburgh Investment (LON:EDIN)’s share price reached a new 52-week high on Tuesday . The company traded as high as GBX 708 ($8.75) and last traded at GBX 706 ($8.72), with a volume of 96772 shares. The stock had previously closed at GBX 702 ($8.67).

Edinburgh Investment Stock Performance

The business’s fifty day moving average price is GBX 677.56 and its two-hundred day moving average price is GBX 668.48. The company has a debt-to-equity ratio of 10.70, a quick ratio of 3.88 and a current ratio of 7.79. The stock has a market capitalization of £1.07 billion, a P/E ratio of 540.00 and a beta of 0.82.

Edinburgh Investment Announces Dividend

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

Insider Transactions at Edinburgh Investment

In other news, insider Annabel Tagoe-Bannerman purchased 732 shares of the company’s stock in a transaction that occurred on Tuesday, March 26th. The stock was purchased at an average cost of GBX 682 ($8.42) per share, with a total value of £4,992.24 ($6,166.30). In other news, insider Annabel Tagoe-Bannerman purchased 732 shares of the company’s stock in a transaction that occurred on Tuesday, March 26th. The stock was purchased at an average cost of GBX 682 ($8.42) per share, with a total value of £4,992.24 ($6,166.30). Also, insider Elisabeth Stheeman purchased 551 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The shares were purchased at an average cost of GBX 668 ($8.25) per share, with a total value of £3,680.68 ($4,546.29). Insiders own 3.59% of the company’s stock.

About Edinburgh Investment

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.