Insider Buying: Edinburgh Investment (LON:EDIN) Insider Acquires 1,250 Shares of Stock

Edinburgh Investment (LON:EDIN) insider Elisabeth Stheeman acquired 1,250 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were purchased at an average price of GBX 795 per share, with a total value of £9,937.50.

Edinburgh Investment Stock Up 0.3%

EDIN stock traded up GBX 2.40 during mid-day trading on Friday, reaching GBX 795.40. The company had a trading volume of 384,218 shares, compared to its average volume of 603,603. The company has a debt-to-equity ratio of 10.32, a current ratio of 3.55 and a quick ratio of 3.88. The stock has a 50 day simple moving average of GBX 789.50 and a two-hundred day simple moving average of GBX 802.76. The company has a market capitalization of £1.03 billion, a price-to-earnings ratio of 13.84 and a beta of 0.96. Edinburgh Investment has a 52 week low of GBX 737.60 and a 52 week high of GBX 842.

Edinburgh Investment (LON:EDIN) last posted its quarterly earnings results on Thursday, May 21st. The company reported GBX 26.60 earnings per share for the quarter. The firm had revenue of GBX 4,075 million during the quarter. Edinburgh Investment had a return on equity of 7.06% and a net margin of 90.04%.

About Edinburgh Investment

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. Growth in dividends per share in excess of the rate of UK inflation. It is managed by Imran Sattar, with Emily Barnard being the Deputy Manager. He constructs a high conviction portfolio of c.40 holdings based on fundamental company research.