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Ashoka India Equity Investment (LON:AIE) Hits New 12-Month Low - Here's Why

Ashoka India Equity Investment logo with Financial Services background

Ashoka India Equity Investment (LON:AIE - Get Free Report)'s stock price reached a new 52-week low on Monday . The company traded as low as GBX 222 ($2.91) and last traded at GBX 239.43 ($3.13), with a volume of 2222925 shares trading hands. The stock had previously closed at GBX 245 ($3.21).

Ashoka India Equity Investment Stock Down 1.7 %

The firm's fifty day moving average price is GBX 259.82 and its 200-day moving average price is GBX 278.04. The stock has a market cap of £419.96 million, a P/E ratio of 3.46 and a beta of 0.50.

Ashoka India Equity Investment (LON:AIE - Get Free Report) last announced its quarterly earnings results on Monday, March 10th. The company reported GBX (0.24) ($0.00) earnings per share (EPS) for the quarter. Ashoka India Equity Investment had a return on equity of 26.35% and a net margin of 82.47%.

About Ashoka India Equity Investment

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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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