Dunedin Income Growth Investment Trust (LON:DIG) Shares Pass Above 50-Day Moving Average - Here's What Happened

Key Points

• Shares crossed above their 50-day moving average, trading as high as GBX 312 versus the 50-day MA of GBX 298.01 (200-day MA GBX 301.17) on Wednesday with volume of 386,823 shares.
• The trust has a market cap of £362.59 million and a P/E of 13.81; it reported quarterly EPS of GBX 13.64 on revenue of GBX 2,001 million, with a net margin of 83.32% and ROE of 6.95%.
• Dunedin targets growth of income and capital from a portfolio invested mainly in UK-listed companies that meet its Sustainable and Responsible investing criteria.

Shares of Dunedin Income Growth Investment Trust PLC (LON:DIG - Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 298.01 and traded as high as GBX 312. Dunedin Income Growth Investment Trust shares last traded at GBX 312, with a volume of 386,823 shares traded.

Dunedin Income Growth Investment Trust Stock Performance

The firm has a market cap of £362.59 million, a price-to-earnings ratio of 13.81 and a beta of 1.03. The company has a debt-to-equity ratio of 12.54, a current ratio of 0.43 and a quick ratio of 0.82. The firm has a fifty day simple moving average of GBX 298.01 and a two-hundred day simple moving average of GBX 301.17.

Dunedin Income Growth Investment Trust (LON:DIG - Get Free Report) last announced its quarterly earnings data on Thursday, April 9th. The company reported GBX 13.64 EPS for the quarter. The firm had revenue of GBX 2,001 million during the quarter. Dunedin Income Growth Investment Trust had a net margin of 83.32% and a return on equity of 6.95%.

Dunedin Income Growth Investment Trust Company Profile

Targeting growth of income and capital from a portfolio invested mainly in companies listed or quoted in the United Kingdom that meet the Company's Sustainable and Responsible investing criteria

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