Edinburgh Investment (LON:EDIN) Posts Quarterly Earnings Results

Edinburgh Investment (LON:EDIN) announced its earnings results on Thursday. The company reported GBX 26.60 EPS for the quarter, Digital Look Earnings reports. The company had revenue of GBX 4,075 million for the quarter. Edinburgh Investment had a return on equity of 7.06% and a net margin of 90.04%.

Edinburgh Investment Price Performance

Shares of EDIN opened at GBX 791 on Thursday. The firm has a market cap of £1.03 billion, a PE ratio of 13.76 and a beta of 0.96. Edinburgh Investment has a 52-week low of GBX 737.60 and a 52-week high of GBX 842. The business’s 50 day moving average price is GBX 789.49 and its two-hundred day moving average price is GBX 802.95. The company has a debt-to-equity ratio of 10.32, a quick ratio of 3.88 and a current ratio of 3.55.

About Edinburgh Investment

Edinburgh Investment Trust offers exposure primarily to UK-listed equities. It may also hold up to 20% of assets in equities listed overseas. The Company invests primarily in UK securities with the long term objective of achieving: 1. An increase of the Net Asset Value per share in excess of the growth in the FTSE All-Share Index; and 2. Growth in dividends per share in excess of the rate of UK inflation. It is managed by Imran Sattar, with Emily Barnard being the Deputy Manager. He constructs a high conviction portfolio of c.40 holdings based on fundamental company research.