Edinburgh Worldwide (LON:EWI) Reaches New 12-Month High – Still a Buy?

Edinburgh Worldwide (LON:EWI)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 209.50 ($2.79) and last traded at GBX 204.07 ($2.72), with a volume of 236091 shares traded. The stock had previously closed at GBX 206 ($2.75).

Edinburgh Worldwide Price Performance

The stock has a 50 day simple moving average of GBX 196.39 and a two-hundred day simple moving average of GBX 176.25. The company has a market cap of £713.28 million, a price-to-earnings ratio of 4,691.31 and a beta of 0.78.

Edinburgh Worldwide Company Profile

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.