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

Edinburgh Worldwide (LON:EWIGet Free Report)’s share price hit a new 52-week high on Tuesday . The stock traded as high as GBX 223.50 and last traded at GBX 223, with a volume of 3940437 shares changing hands. The stock had previously closed at GBX 217.

Edinburgh Worldwide Stock Up 2.8%

The company has a market cap of £773.55 million, a P/E ratio of 51.26 and a beta of 0.78. The company has a 50 day moving average price of GBX 207.58 and a 200-day moving average price of GBX 197.22.

About Edinburgh Worldwide

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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. A spread of risk is achieved by having 75–125 companies, with exposure to a minimum of six countries and 15 industries.

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