Shares of Murray Income Trust PLC (LON:MUT - Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 832.01 ($10.51) and traded as high as GBX 853 ($10.78). Murray Income Trust shares last traded at GBX 851 ($10.75), with a volume of 218,327 shares traded.
Murray Income Trust Stock Up 0.7 %
The company has a market cap of £856.21 million, a P/E ratio of 9.44 and a beta of 0.80. The company has a 50 day moving average price of GBX 832.01 and a 200-day moving average price of GBX 839.66.
Murray Income Trust Cuts Dividend
The business also recently announced a dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be paid a dividend of GBX 9.50 ($0.12) per share. The ex-dividend date is Thursday, May 15th. This represents a yield of 1.17%. Murray Income Trust's payout ratio is 42.97%.
Insiders Place Their Bets
In other news, insider Peter Tait bought 5,000 shares of the stock in a transaction that occurred on 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 ($2,274.16). 3.00% of the stock is owned by insiders.
Murray Income Trust Company Profile
(
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An investment trust founded in 1923 aiming for high and growing income with capital growth.
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