Murray Income Trust (LON:MUT) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

Murray Income Trust PLC (LON:MUTGet Free Report)’s share price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 908.59 and traded as low as GBX 896.19. Murray Income Trust shares last traded at GBX 900, with a volume of 273,484 shares trading hands.

Murray Income Trust Stock Performance

The firm’s 50-day simple moving average is GBX 908.59 and its 200 day simple moving average is GBX 888.45. The company has a market cap of £883.32 million, a P/E ratio of 39.93 and a beta of 0.80.

Murray Income Trust (LON:MUTGet Free Report) last posted its quarterly earnings results on Friday, September 12th. The company reported GBX 38.60 earnings per share (EPS) for the quarter. Murray Income Trust had a return on equity of 9.57% and a net margin of 92.34%.

Insider Transactions at Murray Income Trust

In related news, insider Angus Franklin bought 2,263 shares of the firm’s stock in a transaction dated Monday, November 24th. The stock was bought at an average cost of GBX 879 per share, for a total transaction of £19,891.77. Company insiders own 0.18% of the company’s stock.

Murray Income Trust Company Profile

(Get Free Report)

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

Further Reading

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