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Murray Income Trust (LON:MUT) Shares Cross Below Fifty Day Moving Average - Here's What Happened

Murray Income Trust logo with Financial Services background

Key Points

  • Murray Income Trust's share price fell below its 50-day moving average of GBX 891.57, trading at GBX 887 ($12.11) with a volume of 126,352 shares.
  • The company reported a quarterly earnings per share (EPS) of GBX 38.60 and has a strong net margin of 92.34% and return on equity of 9.57%.
  • The stock has a market capitalization of £872.21 million and a notably high price-to-earnings ratio of 3,666.65.
  • Five stocks we like better than Murray Income Trust.

Murray Income Trust PLC (LON:MUT - Get Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 891.57 ($12.01) and traded as low as GBX 887 ($11.95). Murray Income Trust shares last traded at GBX 887 ($11.95), with a volume of 126,352 shares.

Murray Income Trust Price Performance

The stock's fifty day moving average is GBX 892.06 and its 200-day moving average is GBX 857.47. The stock has a market capitalization of £865.37 million, a PE ratio of 3,637.86 and a beta of 0.80.

Murray Income Trust (LON:MUT - Get Free Report) last announced its quarterly earnings results on Friday, September 12th. The company reported GBX 38.60 earnings per share (EPS) for the quarter. Murray Income Trust had a net margin of 92.34% and a return on equity of 9.57%.

Murray Income Trust Company Profile

(Get Free Report)

An investment trust founded in 1923 aiming for high and growing income with capital growth.

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