Ashoka India Equity Investment (LON:AIE) Share Price Crosses Above 200-Day Moving Average – Time to Sell?

Ashoka India Equity Investment (LON:AIEGet Free Report)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 244.74 and traded as high as GBX 255.50. Ashoka India Equity Investment shares last traded at GBX 254.50, with a volume of 134,409 shares changing hands.

Ashoka India Equity Investment Price Performance

The firm’s 50-day moving average price is GBX 242.29 and its 200 day moving average price is GBX 244.74. The firm has a market cap of £430.91 million, a P/E ratio of -9.95 and a beta of 0.16.

Insider Transactions at Ashoka India Equity Investment

In other Ashoka India Equity Investment news, insider Jerome Booth sold 21,230 shares of the company’s stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of GBX 236, for a total transaction of £50,102.80. 0.23% of the stock is owned by insiders.

About Ashoka India Equity Investment

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ASHOKA INDIA EQUITY INVESTMENT TRUST IS A HIGH CONVICTION, LONG-ONLY INVESTMENT TRUST, INVESTING MAINLY IN SECURITIES LISTED IN INDIA AND LISTED SECURITIES OF COMPANIES WITH A SIGNIFICANT PRESENCE IN INDIA

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