Free Trial

Murray Income Trust (LON:MUT) Shares Pass Above Fifty Day Moving Average - What's Next?

Murray Income Trust logo with Financial Services background

Murray Income Trust PLC (LON:MUT - Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 821.73 ($10.90) and traded as high as GBX 841 ($11.16). Murray Income Trust shares last traded at GBX 834 ($11.07), with a volume of 110,716 shares.

Murray Income Trust Price Performance

The business's 50 day moving average price is GBX 821.33 and its 200 day moving average price is GBX 826.27. The firm has a market cap of £847.22 million, a PE ratio of 9.34 and a beta of 0.80.

Murray Income Trust (LON:MUT - Get Free Report) last posted its quarterly earnings data on Wednesday, March 5th. The company reported GBX 15.20 ($0.20) earnings per share for the quarter. Murray Income Trust had a net margin of 92.34% and a return on equity of 9.57%.

Murray Income Trust Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be given a dividend of GBX 9.50 ($0.13) per share. This represents a yield of 1.17%. The ex-dividend date is Thursday, May 15th. Murray Income Trust's dividend payout ratio (DPR) is presently 42.97%.

Insider Activity

In other news, insider Andrew Page acquired 2,500 shares of the business's stock in a transaction dated Wednesday, March 5th. The stock was acquired at an average price of GBX 853 ($11.32) per share, for a total transaction of £21,325 ($28,297.51). Company insiders own 3.00% of the company's stock.

Murray Income Trust Company Profile

(Get Free Report)

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

See Also

Should You Invest $1,000 in Murray Income Trust Right Now?

Before you consider Murray Income Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Murray Income Trust wasn't on the list.

While Murray Income Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

These 7 Stocks Will Be Magnificent in 2025 Cover

Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Buy Early: 3 Tech Trends With Millionaire-Making Potential
5 Stocks to BUY NOW in May 2025
3 Stocks Offering Rare Generational Buying Opportunities

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines