Murray Income Trust (LON:MUT) Hits New 1-Year Low - Here's Why

Murray Income Trust PLC (LON:MUT - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 804 ($10.35) and last traded at GBX 806.45 ($10.38), with a volume of 1189 shares trading hands. The stock had previously closed at GBX 814 ($10.47).

Murray Income Trust Trading Down 1.0 %

The company has a market cap of £836.79 million, a P/E ratio of 1,116.32 and a beta of 0.80. The firm has a 50-day moving average of GBX 843.66 and a 200 day moving average of GBX 862.13. The company has a current ratio of 2.92, a quick ratio of 3.64 and a debt-to-equity ratio of 11.60.

Murray Income Trust Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 13th will be given a dividend of GBX 9.50 ($0.12) per share. This represents a dividend yield of 1.17%. The ex-dividend date is Thursday, February 13th. Murray Income Trust's dividend payout ratio (DPR) is 5,416.67%.

Murray Income Trust Company Profile

Murray Income Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Asset Managers Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.