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Edinburgh Worldwide (LON:EWI) Stock Crosses Above 200-Day Moving Average - What's Next?

Edinburgh Worldwide logo with Financial Services background

Edinburgh Worldwide (LON:EWI - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 170.24 ($2.15) and traded as high as GBX 187.40 ($2.36). Edinburgh Worldwide shares last traded at GBX 186.40 ($2.35), with a volume of 617,015 shares changing hands.

Edinburgh Worldwide Stock Performance

The company has a 50-day simple moving average of GBX 192.20 and a two-hundred day simple moving average of GBX 170.49. The firm has a market capitalization of £686.34 million, a P/E ratio of 9.78 and a beta of 0.78.

Edinburgh Worldwide (LON:EWI - Get Free Report) last posted its quarterly earnings data on Monday, January 20th. The company reported GBX (0.70) (($0.01)) earnings per share for the quarter. Edinburgh Worldwide had a net margin of 90.88% and a return on equity of 11.47%.

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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