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Edinburgh Worldwide (LON:EWI) Stock Price Crosses Above 50-Day Moving Average - Here's Why

Edinburgh Worldwide logo with Financial Services background

Edinburgh Worldwide (LON:EWI - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 192.32 ($2.38) and traded as high as GBX 194.60 ($2.41). Edinburgh Worldwide shares last traded at GBX 192.40 ($2.38), with a volume of 869,002 shares.

Edinburgh Worldwide Stock Performance

The stock has a market cap of £717.87 million, a P/E ratio of -865.45 and a beta of 0.78. The company has a fifty day moving average of GBX 192.49 and a 200 day moving average of GBX 169.33. The company has a debt-to-equity ratio of 15.16, a current ratio of 0.10 and a quick ratio of 0.10.

Edinburgh Worldwide (LON:EWI - Get Free Report) last posted its quarterly earnings results on Monday, January 20th. The company reported GBX (0.70) (($0.01)) earnings per share (EPS) for the quarter.

Edinburgh Worldwide Company Profile

(Get Free Report)

The Trust aims for capital growth from a global portfolio of initially immature entrepreneurial companies, typically with a market capitalisation of less than $5bn at time of initial investment, which are believed to offer long-term growth potential (over at least five years). The portfolio does not seek to track the comparative index, hence a degree of volatility against companies index is inevitable.

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