Edinburgh Investment (LON:EDIN) Stock Price Passes Below 200-Day Moving Average - Here's What Happened

Edinburgh Investment (LON:EDIN - Get Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 744.35 ($9.91) and traded as low as GBX 742.44 ($9.89). Edinburgh Investment shares last traded at GBX 751 ($10.00), with a volume of 103,122 shares.

Edinburgh Investment Stock Up 0.1 %

The firm has a market cap of £1.10 billion, a P/E ratio of 6.06 and a beta of 0.81. The company has a current ratio of 32.12, a quick ratio of 3.88 and a debt-to-equity ratio of 10.12. The business has a 50-day moving average price of GBX 741.44 and a 200-day moving average price of GBX 744.60.

Edinburgh Investment Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Thursday, March 27th were issued a dividend of GBX 15.25 ($0.20) per share. The ex-dividend date was Thursday, March 27th. This represents a yield of 3.09%. This is a positive change from Edinburgh Investment's previous dividend of $6.90. Edinburgh Investment's dividend payout ratio is currently 22.40%.

Edinburgh Investment Company Profile

Edinburgh Investment Trust offers exposure primarily to UK-listed equities. It may also hold up to 20% of assets in equities listed overseas. The Company invests primarily in UK securities with the long term objective of achieving: 1. An increase of the Net Asset Value per share in excess of the growth in the FTSE All-Share Index; and 2.