Dunedin Enterprise Investment Trust (LON:DNE) Share Price Passes Below 200-Day Moving Average – Here’s Why

Shares of Dunedin Enterprise Investment Trust PLC (LON:DNEGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 497.81 ($6.18) and traded as low as GBX 460 ($5.71). Dunedin Enterprise Investment Trust shares last traded at GBX 470 ($5.84), with a volume of 105,693 shares trading hands.

Dunedin Enterprise Investment Trust Price Performance

The firm’s 50 day moving average is GBX 480.92 and its 200 day moving average is GBX 497.78. The company has a market cap of £25.85 million, a PE ratio of 1,678.57 and a beta of 0.46.

Dunedin Enterprise Investment Trust Company Profile

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Dunedin Enterprise Investment Trust PLC specializes in direct investments, fund of fund investments, and investments in listed private equity companies. In the case of direct investments, it specializes in investments in management buyouts, management buy ins, and growing businesses in lower middle markets.

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