Edinburgh Investment (LON:EDIN) Sets New 1-Year High at $727.00

Edinburgh Investment (LON:EDIN)’s share price hit a new 52-week high on Monday . The stock traded as high as GBX 727 ($9.13) and last traded at GBX 722.60 ($9.08), with a volume of 66043 shares trading hands. The stock had previously closed at GBX 722 ($9.07).

Edinburgh Investment Stock Performance

The company has a debt-to-equity ratio of 10.70, a current ratio of 7.79 and a quick ratio of 3.88. The firm has a market cap of £1.10 billion, a price-to-earnings ratio of 555.38 and a beta of 0.82. The company has a fifty day moving average price of GBX 684.50 and a two-hundred day moving average price of GBX 671.13.

Edinburgh Investment Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 24th. Investors of record on Thursday, May 2nd will be given a GBX 6.90 ($0.09) dividend. This is a positive change from Edinburgh Investment’s previous dividend of $6.70. The ex-dividend date is Thursday, May 2nd. This represents a dividend yield of 0.97%. Edinburgh Investment’s dividend payout ratio (DPR) is 2,076.92%.

Insider Activity at Edinburgh Investment

In related news, insider Annabel Tagoe-Bannerman purchased 732 shares of the firm’s stock in a transaction that occurred on Tuesday, March 26th. The stock was acquired at an average price of GBX 682 ($8.57) per share, for a total transaction of £4,992.24 ($6,270.87). In related news, insider Annabel Tagoe-Bannerman purchased 732 shares of the firm’s stock in a transaction that occurred on Tuesday, March 26th. The stock was acquired at an average price of GBX 682 ($8.57) per share, for a total transaction of £4,992.24 ($6,270.87). Also, insider Elisabeth Stheeman purchased 551 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The stock was bought at an average price of GBX 668 ($8.39) per share, with a total value of £3,680.68 ($4,623.39). 3.59% of the stock is currently owned by corporate insiders.

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.