Ediston Property Investment (LON:EPIC) Stock Price Passes Above 50-Day Moving Average of $64.60

Ediston Property Investment Company plc (LON:EPIC – Get Rating)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 64.60 ($0.79) and traded as high as GBX 69 ($0.84). Ediston Property Investment shares last traded at GBX 64.40 ($0.78), with a volume of 674,865 shares changing hands.

Analysts Set New Price Targets

Separately, Peel Hunt reaffirmed a “buy” rating and issued a GBX 80 ($0.98) target price on shares of Ediston Property Investment in a research report on Wednesday, March 1st.

Ediston Property Investment Stock Performance

The company has a current ratio of 31.16, a quick ratio of 22.33 and a debt-to-equity ratio of 55.09. The company has a market capitalization of £136.10 million, a price-to-earnings ratio of 644.00 and a beta of 1.00. The stock’s fifty day simple moving average is GBX 64.60 and its 200-day simple moving average is GBX 65.04.

Ediston Property Investment Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, March 31st. Investors of record on Thursday, March 9th will be issued a GBX 0.42 ($0.01) dividend. The ex-dividend date is Thursday, March 9th. This represents a yield of 0.64%. Ediston Property Investment’s dividend payout ratio (DPR) is presently 5,000.00%.

Insider Buying and Selling

In related news, insider Karyn Lamont purchased 10,000 shares of Ediston Property Investment stock in a transaction on Friday, February 10th. The shares were bought at an average price of GBX 65 ($0.79) per share, with a total value of £6,500 ($7,922.00). 7.08% of the stock is currently owned by insiders.

About Ediston Property Investment

(Get Rating)

Ediston Property Investment Company plc a real estate investment trust externally managed by Ediston Properties Ltd. The firm invest in commercial property of United Kingdom. It was founded in 2014 and is based in Edinburgh, United Kingdom.