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Murray Income Trust (LON:MUT) Sets New 12-Month Low - What's Next?

Murray Income Trust logo with Financial Services background
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Murray Income Trust PLC (LON:MUT - Get Free Report) hit a new 52-week low during trading on Friday . The stock traded as low as GBX 791.97 ($10.12) and last traded at GBX 791.97 ($10.12), with a volume of 289473 shares. The stock had previously closed at GBX 816 ($10.43).

Murray Income Trust Stock Performance

The business has a fifty day moving average of GBX 838.23 and a two-hundred day moving average of GBX 831.09. The firm has a market capitalization of £757.30 million, a price-to-earnings ratio of 8.35 and a beta of 0.80.

Murray Income Trust (LON:MUT - Get Free Report) last issued its quarterly earnings data on Wednesday, March 5th. The company reported GBX 15.20 ($0.19) earnings per share for the quarter. Murray Income Trust had a net margin of 92.34% and a return on equity of 9.57%.

Murray Income Trust Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be given a dividend of GBX 9.50 ($0.12) per share. This represents a yield of 1.17%. The ex-dividend date is Thursday, May 15th. Murray Income Trust's payout ratio is 42.97%.

Insider Activity

In other news, insider Andrew Page acquired 2,500 shares of the business's stock in a transaction that occurred on Wednesday, March 5th. The stock was acquired at an average price of GBX 853 ($10.90) per share, with a total value of £21,325 ($27,248.91). 3.00% 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.

Further Reading

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