Murray Income Trust (LON:MUT) Shares Pass Above Fifty Day Moving Average – Should You Sell?

Murray Income Trust PLC (LON:MUTGet Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 973.59 and traded as high as GBX 1,030. Murray Income Trust shares last traded at GBX 1,014, with a volume of 79,660 shares traded.

Murray Income Trust Price Performance

The company’s 50 day simple moving average is GBX 976.71 and its 200-day simple moving average is GBX 946.09. The company has a current ratio of 31.72, a quick ratio of 3.63 and a debt-to-equity ratio of 11.09. The firm has a market cap of £953.67 million, a P/E ratio of 8.54 and a beta of 1.18.

Insiders Place Their Bets

In related news, insider Jane Lewis acquired 2,000 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were bought at an average price of GBX 929 per share, for a total transaction of £18,580. 0.18% of the stock is currently owned by company insiders.

About Murray Income Trust

(Get Free Report)

An investment trust founded in 1923 aiming for high and growing income with capital growth.

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