Edinburgh Worldwide (LON:EWI) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

Edinburgh Worldwide (LON:EWIGet Free Report)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 152.44 ($1.98) and traded as high as GBX 161 ($2.09). Edinburgh Worldwide shares last traded at GBX 158.60 ($2.06), with a volume of 323,424 shares changing hands.

Edinburgh Worldwide Stock Performance

The stock’s 50 day moving average is GBX 152.44 and its two-hundred day moving average is GBX 149.13. The company has a debt-to-equity ratio of 15.16, a current ratio of 0.10 and a quick ratio of 0.10. The firm has a market capitalization of £597.97 million, a P/E ratio of -720.91 and a beta of 0.78.

About Edinburgh Worldwide

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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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