Edinburgh Worldwide (LON:EWI) Reaches New 1-Year High – Here’s Why

Edinburgh Worldwide (LON:EWI)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 199.28 ($2.49) and last traded at GBX 199.27 ($2.49), with a volume of 559683 shares trading hands. The stock had previously closed at GBX 198.60 ($2.48).

Edinburgh Worldwide Stock Down 0.7 %

The business’s 50 day moving average is GBX 181.30 and its 200-day moving average is GBX 162.19. The company has a debt-to-equity ratio of 15.16, a quick ratio of 0.10 and a current ratio of 0.10. The stock has a market cap of £739.36 million, a price-to-earnings ratio of -891.36 and a beta of 0.78.

Edinburgh Worldwide Company Profile

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.