Murray Income Trust (LON:MUT) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Shares of Murray Income Trust PLC (LON:MUTGet Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 934.87 and traded as high as GBX 955. Murray Income Trust shares last traded at GBX 946, with a volume of 132,737 shares trading hands.

Murray Income Trust Price Performance

The company has a current ratio of 31.72, a quick ratio of 3.64 and a debt-to-equity ratio of 11.09. The stock has a market capitalization of £885.12 million, a P/E ratio of 7.90 and a beta of 1.18. The stock’s 50 day simple moving average is GBX 934.87 and its 200 day simple moving average is GBX 924.39.

Insider Buying and Selling at Murray Income Trust

In other news, insider Jane Lewis acquired 2,000 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were acquired at an average price of GBX 929 per share, with a total value of £18,580. Company insiders own 0.20% of the company’s stock.

About Murray Income Trust

(Get Free Report)

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

See Also

Receive News & Ratings for Murray Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Murray Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.