Shares of Income Financial Trust (TSE:INC.UN – Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$10.02 and traded as high as C$10.75. Income Financial Trust shares last traded at C$10.75, with a volume of 5,975 shares traded.
Income Financial Trust Price Performance
The business has a 50-day moving average of C$10.05 and a 200 day moving average of C$9.68. The company has a market capitalization of C$33.40 million, a PE ratio of 5.38 and a beta of 1.20.
Income Financial Trust Company Profile
To generate additional returns above the dividend and interest income earned on the Portfolio, Income Financial writes covered calls on all or part of the securities held in the Portfolio. The net proceeds from this offering will be used by Income Financial to invest in a diversified portfolio (the Portfolio) consisting principally of common shares issued by corporations whose shares are included in The Toronto Stock Exchange Financial Services Index (the TSE Financial Services Index), the Standard Poors Financials Index (the SP Financials Index) or the Standard Poors MidCap Financials Index (the SP MidCap Financials Index).
Featured Stories
- Five stocks we like better than Income Financial Trust
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
Receive News & Ratings for Income Financial Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Income Financial Trust and related companies with MarketBeat.com's FREE daily email newsletter.
