Murray Income Trust (LON:MUT) Share Price Crosses Below Fifty Day Moving Average - Should You Sell?

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.

Murray Income Trust PLC (LON:MUT - Get Free Report)'s share price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 891.57 ($12.17) and traded as low as GBX 887 ($12.11). Murray Income Trust shares last traded at GBX 887 ($12.11), with a volume of 126,352 shares trading hands.

Murray Income Trust Stock Performance

The business's 50 day moving average is GBX 891.57 and its 200-day moving average is GBX 856.70. The stock has a market cap of £872.21 million, a price-to-earnings ratio of 3,666.65 and a beta of 0.80.

Murray Income Trust (LON:MUT - Get Free Report) last released 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

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

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