Ashoka India Equity Investment (LON:AIE) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Ashoka India Equity Investment (LON:AIEGet Free Report)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 265.09 and traded as low as GBX 231. Ashoka India Equity Investment shares last traded at GBX 234.10, with a volume of 1,280,125 shares changing hands.

Ashoka India Equity Investment Stock Down 1.5%

The business has a fifty day moving average of GBX 251.93 and a 200 day moving average of GBX 264.61. The firm has a market cap of £392.82 million, a P/E ratio of -362.50 and a beta of 0.50.

Ashoka India Equity Investment (LON:AIEGet Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported GBX 0.64 earnings per share (EPS) for the quarter. Ashoka India Equity Investment had a negative return on equity of 0.23% and a negative net margin of 1.74%.

About Ashoka India Equity Investment

(Get Free Report)

ASHOKA INDIA EQUITY INVESTMENT TRUST IS A HIGH CONVICTION, LONG-ONLY INVESTMENT TRUST, INVESTING MAINLY IN SECURITIES LISTED IN INDIA AND LISTED SECURITIES OF COMPANIES WITH A SIGNIFICANT PRESENCE IN INDIA

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