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

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

Edinburgh Investment Stock Up 0.6 %

The stock has a 50-day simple moving average of GBX 667.78 and a two-hundred day simple moving average of 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 PE ratio of 527.69 and a beta of 0.82.

Edinburgh Investment Announces Dividend

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

Insider Buying and Selling at Edinburgh Investment

In other news, insider Elisabeth Stheeman purchased 551 shares of the stock in a transaction on Monday, March 4th. The shares were acquired at an average price of GBX 668 ($8.44) per share, for a total transaction of £3,680.68 ($4,651.43). In related news, insider Elisabeth Stheeman acquired 551 shares of the firm’s stock in a transaction dated Monday, March 4th. The shares were purchased at an average price of GBX 668 ($8.44) per share, for a total transaction of £3,680.68 ($4,651.43). Also, insider Annabel Tagoe-Bannerman acquired 732 shares of the firm’s stock in a transaction dated Tuesday, March 26th. The stock was bought at an average price of GBX 682 ($8.62) per share, for a total transaction of £4,992.24 ($6,308.91). Company 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.