Murray Income Trust (LON:MUT) Hits New 52-Week High – Time to Buy?

Murray Income Trust PLC (LON:MUTGet Free Report)’s share price reached a new 52-week high on Friday . The company traded as high as GBX 1,012 and last traded at GBX 1,004, with a volume of 9127 shares changing hands. The stock had previously closed at GBX 1,002.

Murray Income Trust Price Performance

The business’s fifty day simple moving average is GBX 954.92 and its 200-day simple moving average is GBX 937.65. 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 £935.52 million, a P/E ratio of 8.38 and a beta of 1.18.

Insider Activity at Murray Income Trust

In related news, insider Jane Lewis purchased 2,000 shares of Murray Income Trust stock in a transaction dated Friday, May 8th. The stock was bought at an average cost of GBX 929 per share, for a total transaction of £18,580. 0.18% of the stock is owned by insiders.

Murray Income Trust Company Profile

(Get Free Report)

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

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