Edinburgh Dragon Trust (LON:EFM) Stock Price Crosses Above 50-Day Moving Average of $400.50

Edinburgh Dragon Trust plc (LON:EFMGet Rating) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 400.50 ($4.86) and traded as high as GBX 402.36 ($4.88). Edinburgh Dragon Trust shares last traded at GBX 400.50 ($4.86), with a volume of 296,613 shares changing hands.

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 company has a market capitalization of £513.41 million and a price-to-earnings ratio of -17.34. The firm’s 50 day simple moving average is GBX 400.50 and its 200-day simple moving average is GBX 400.50.

About Edinburgh Dragon Trust (LON:EFM)

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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