Free Trial

Murray Income Trust (LON:MUT) Stock Price Crosses Below 200-Day Moving Average - Time to Sell?

Murray Income Trust logo with Financial Services background

Murray Income Trust PLC (LON:MUT - Get Free Report)'s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 847.81 ($10.49) and traded as low as GBX 810.31 ($10.03). Murray Income Trust shares last traded at GBX 817 ($10.11), with a volume of 107,596 shares changing hands.

Murray Income Trust Trading Up 1.1 %

The company has a debt-to-equity ratio of 11.60, a quick ratio of 3.64 and a current ratio of 2.92. The stock has a market cap of £857.55 million, a P/E ratio of 1,147.22 and a beta of 0.80. The stock has a 50-day moving average price of GBX 817.01 and a 200-day moving average price of GBX 847.65.

Murray Income Trust Cuts Dividend

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

Insiders Place Their Bets

In related news, insider Peter Tait acquired 5,000 shares of Murray Income Trust stock in a transaction dated Friday, December 13th. The shares were purchased at an average cost of GBX 36 ($0.45) per share, with a total value of £1,800 ($2,228.00). Corporate insiders own 3.00% of the company's stock.

About Murray Income Trust

(Get Free Report)

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.

See Also

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

10 Best Stocks to Own in 2025 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2025 and why they should be in your portfolio.

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

Featured Articles and Offers

Recent Videos

7 Large-Cap Stocks Headed for Strong, Steady Gains in 2025
3 Stocks Insiders Are Selling, But Analysts Still Love
NVIDIA Unveils Game-Changing Tech, But Stock Dips

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines