Edinburgh Worldwide Investment Trust (LON:EWI) Share Price Passes Below Fifty Day Moving Average of $299.98

Edinburgh Worldwide Investment Trust plc (LON:EWI) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 299.98 ($4.07) and traded as low as GBX 233 ($3.16). Edinburgh Worldwide Investment Trust shares last traded at GBX 237.50 ($3.22), with a volume of 1,837,400 shares trading hands.

The business’s 50 day simple moving average is GBX 299.98 and its two-hundred day simple moving average is GBX 317.35. The firm has a market capitalization of £963.67 million and a PE ratio of 1.79. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 3.36.

In other news, insider Mungo Wilson purchased 30,000 shares of the firm’s stock in a transaction that occurred on Friday, October 29th. The shares were acquired at an average price of GBX 323 ($4.38) per share, for a total transaction of £96,900 ($131,532.51).

Edinburgh Worldwide Investment Trust Company Profile (LON:EWI)

Edinburgh Worldwide Investment Trust plc is a closed-ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. The fund is co-managed by Baillie Gifford & Co It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies that are operating across diversified sectors.

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