Edinburgh Investment Trust PLC (LON:EDIN)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as GBX 528 ($6.90) and last traded at GBX 536 ($7.00), with a volume of 936339 shares. The stock had previously closed at GBX 535 ($6.99).
The firm has a market capitalization of $1.03 billion and a price-to-earnings ratio of 27.92. The firm has a fifty day simple moving average of GBX 579.08. The company has a current ratio of 0.38, a quick ratio of 0.25 and a debt-to-equity ratio of 9.40.
The firm also recently announced a dividend, which was paid on Wednesday, July 31st. Shareholders of record on Thursday, June 20th were issued a GBX 9.25 ($0.12) dividend. This is a positive change from Edinburgh Investment Trust’s previous dividend of $6.25. The ex-dividend date was Thursday, June 20th. This represents a dividend yield of 1.57%. Edinburgh Investment Trust’s dividend payout ratio (DPR) is presently 1.93%.
The Edinburgh Investment Trust plc is a United Kingdom-based investment company. The Company’s investment objective is to invest primarily in the United Kingdom securities with the long-term objective of achieving an increase of the Net Asset Value per share in excess of the growth in the Financial Times Stock Exchange (FTSE) All-Share Index and growth in dividends per share in excess of the rate of the United Kingdom inflation.
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