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TwentyFour Income (LON:TFIF) Shares Pass Above Fifty Day Moving Average - Should You Sell?

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Shares of TwentyFour Income (LON:TFIF - Get Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 108.98 ($1.41) and traded as high as GBX 110.40 ($1.43). TwentyFour Income shares last traded at GBX 109.60 ($1.42), with a volume of 1,840,369 shares traded.

TwentyFour Income Price Performance

The firm has a 50 day moving average of GBX 109.13 and a two-hundred day moving average of GBX 106.71. The stock has a market cap of £832.36 million and a PE ratio of 0.96.

TwentyFour Income Announces Dividend

The company also recently declared a dividend, which was paid on Monday, February 3rd. Shareholders of record on Thursday, January 16th were given a dividend of GBX 2 ($0.03) per share. This represents a yield of 1.84%. The ex-dividend date of this dividend was Thursday, January 16th. TwentyFour Income's dividend payout ratio (DPR) is 8.63%.

TwentyFour Income Company Profile

(Get Free Report)

TwentyFour Income Fund Limited is a London listed closed-ended fund which targets less liquid, higher yielding UK and European asset backed securities.

See Also

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