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Dunedin Income Growth Investment Trust (LON:DIG) Stock Price Passes Above 50 Day Moving Average - Here's Why

Dunedin Income Growth Investment Trust logo with Financial Services background

Dunedin Income Growth Investment Trust PLC (LON:DIG - Get Free Report) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 286.80 ($3.86) and traded as high as GBX 297.29 ($4.00). Dunedin Income Growth Investment Trust shares last traded at GBX 295 ($3.97), with a volume of 116,486 shares changing hands.

Dunedin Income Growth Investment Trust Stock Performance

The firm's 50-day moving average price is GBX 287.67 and its 200-day moving average price is GBX 280.73. The stock has a market cap of £401.25 million, a P/E ratio of 11.02 and a beta of 0.73. The company has a debt-to-equity ratio of 10.60, a current ratio of 0.43 and a quick ratio of 0.82.

Dunedin Income Growth Investment Trust (LON:DIG - Get Free Report) last announced its quarterly earnings results on Tuesday, April 15th. The company reported GBX 13.82 ($0.19) earnings per share for the quarter. Dunedin Income Growth Investment Trust had a net margin of 88.71% and a return on equity of 8.64%.

About Dunedin Income Growth Investment Trust

(Get Free Report)

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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