Murray Income Trust (LON:MUT) Share Price Passes Below Fifty Day Moving Average - Here's Why

Key Points

• Murray Income Trust's share price has fallen below its 50-day moving average of GBX 891.99, trading as low as GBX 880 recently.
• The company reported an earnings per share (EPS) of GBX 38.60 for the latest quarter, reflecting a strong net margin of 92.34%.
• Murray Income Trust has a market capitalization of £862.43 million and a high price-to-earnings ratio of 3,625.51.

Murray Income Trust PLC (LON:MUT - Get Free Report)'s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 891.99 ($12.00) and traded as low as GBX 880 ($11.84). Murray Income Trust shares last traded at GBX 884 ($11.89), with a volume of 109,918 shares changing hands.

Murray Income Trust Trading Down 0.3%

The business's fifty day moving average price is GBX 891.99 and its 200 day moving average price is GBX 858.26. The firm has a market capitalization of £862.43 million, a price-to-earnings ratio of 3,625.51 and a beta of 0.80.

Murray Income Trust (LON:MUT - Get Free Report) last announced its earnings results on Friday, September 12th. The company reported GBX 38.60 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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