Edinburgh Dragon Trust (LON:EFM) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Edinburgh Dragon Trust plc (LON:EFMGet Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 400.50 ($5.10) and traded as low as GBX 396.90 ($5.06). Edinburgh Dragon Trust shares last traded at GBX 400.50 ($5.10), with a volume of 296,613 shares changing hands.

Edinburgh Dragon Trust Price Performance

The stock has a 50 day moving average of GBX 400.50 and a 200-day moving average of GBX 400.50. The company has a debt-to-equity ratio of 4.76, a quick ratio of 0.27 and a current ratio of 0.27. The company has a market cap of £513.41 million and a PE ratio of -17.34.

About Edinburgh Dragon Trust

(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.

Further Reading

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