Edinburgh Dragon Trust (LON:EFM) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Edinburgh Dragon Trust plc (LON:EFMGet Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 400.50 ($5.20) and traded as high as GBX 402.36 ($5.22). Edinburgh Dragon Trust shares last traded at GBX 400.50 ($5.20), with a volume of 296,613 shares traded.

Edinburgh Dragon Trust Price Performance

The business’s 50 day moving average price is GBX 400.50 and its two-hundred day moving average price is GBX 400.50. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 4.76. The stock has a market cap of £513.41 million and a P/E ratio of -17.34.

Edinburgh Dragon Trust Company Profile

(Get Free Report)

Edinburgh Dragon Trust plc is an investment trust. The Company’s objective is to achieve long-term capital growth through investment in the Far East with the exception of Japan and Australasia. The Company’s assets are invested in a diversified portfolio of securities in quoted companies spread across a range of industries and economies in the Asia Pacific region, excluding Japan and Australasia.

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