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

Dunedin Income Growth Investment Trust logo with Financial Services background

Key Points

  • The stock price of Dunedin Income Growth Investment Trust (LON:DIG) crossed above its 50-day moving average, a potential signal for investors considering selling or buying.
  • The company boasts a market capitalization of £398.29 million, with a PE ratio of 10.94 indicating possible valuation metrics for investors.
  • Insider Arun Kumar Sarwal purchased 4,957 shares at an average price of GBX 305, reflecting continued confidence from company insiders.
  • Five stocks to consider instead of Dunedin Income Growth Investment Trust.

Dunedin Income Growth Investment Trust PLC (LON:DIG - Get Free Report)'s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 298.72 ($4.03) and traded as high as GBX 299 ($4.04). Dunedin Income Growth Investment Trust shares last traded at GBX 296 ($4.00), with a volume of 136,848 shares trading hands.

Dunedin Income Growth Investment Trust Stock Performance

The firm has a fifty day simple moving average of GBX 298.52 and a 200-day simple moving average of GBX 292.11. The company has a market cap of £372.56 million, a PE ratio of 1,225.94 and a beta of 0.73. The company has a quick ratio of 0.82, a current ratio of 0.43 and a debt-to-equity ratio of 10.60.

Insider Activity

In related news, insider Arun Kumar Sarwal purchased 4,957 shares of Dunedin Income Growth Investment Trust stock in a transaction dated Tuesday, June 17th. The stock was bought at an average cost of GBX 305 per share, for a total transaction of £15,118.85. Insiders own 0.19% of the company's stock.

Dunedin Income Growth Investment Trust Company Profile

(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

Further Reading

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