Free Trial

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

Murray Income Trust logo with Financial Services background

Murray Income Trust PLC (LON:MUT - Get Free Report)'s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 822.74 ($10.21) and traded as high as GBX 850.09 ($10.54). Murray Income Trust shares last traded at GBX 847.53 ($10.51), with a volume of 216,348 shares traded.

Murray Income Trust Stock Down 0.6 %

The company has a debt-to-equity ratio of 11.60, a current ratio of 2.92 and a quick ratio of 3.64. The company has a market capitalization of £890.78 million, a PE ratio of 1,191.67 and a beta of 0.80. The business's 50 day simple moving average is GBX 825.98 and its 200 day simple moving average is GBX 841.39.

Murray Income Trust Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be issued a GBX 9.50 ($0.12) dividend. This represents a yield of 1.17%. The ex-dividend date is Thursday, May 15th. Murray Income Trust's dividend payout ratio is presently 5,416.67%.

Insider Buying and Selling

In related news, insider Peter Tait bought 5,000 shares of the stock in a transaction on Friday, December 13th. The stock was bought at an average price of GBX 36 ($0.45) per share, with a total value of £1,800 ($2,232.70). 3.00% of the stock is currently owned by company insiders.

Murray Income Trust Company Profile

(Get Free Report)

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

Recommended Stories

Should You Invest $1,000 in Murray Income Trust Right Now?

Before you consider Murray Income Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Murray Income Trust wasn't on the list.

While Murray Income Trust currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines