Dunedin Income Growth Investment Trust (LON:DIG) Stock Crosses Above 50-Day Moving Average - Time to Sell?

Key Points

• Dunedin Income Growth (LON:DIG) crossed above its 50‑day moving average, trading as high as GBX 306 and last at GBX 305 on volume of 328,559 shares (50‑day MA GBX 297.81).
• The trust has a market cap of £362.8M, a high trailing PE of 41.99 and modest leverage (debt/equity 12.54), while liquidity ratios are low (quick ratio 0.82, current ratio 0.43) and its 200‑day MA is GBX 300.86.
• Recent quarterly results showed GBX 13.64 EPS and GBX 2,001M revenue, with a return on equity of 6.95% and an unusually high net margin of 83.32%; the trust targets income and capital growth from mainly UK-listed, SRI‑screened companies.

Dunedin Income Growth Investment Trust PLC (LON:DIG - Get Free Report)'s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 297.81 and traded as high as GBX 306. Dunedin Income Growth Investment Trust shares last traded at GBX 305, with a volume of 328,559 shares.

Dunedin Income Growth Investment Trust Price Performance

The stock has a market cap of £362.83 million, a PE ratio of 41.99 and a beta of 1.03. The company has a debt-to-equity ratio of 12.54, a quick ratio of 0.82 and a current ratio of 0.43. The business has a 50 day moving average price of GBX 297.81 and a two-hundred day moving average price of GBX 300.86.

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

About Dunedin Income Growth Investment Trust

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.