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Murray Income Trust (LON:MUT) Share Price Crosses Below 50-Day Moving Average - What's Next?

Murray Income Trust logo with Financial Services background

Murray Income Trust PLC (LON:MUT - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 848.71 ($11.64) and traded as low as GBX 843 ($11.57). Murray Income Trust shares last traded at GBX 843 ($11.57), with a volume of 131,605 shares.

Murray Income Trust Price Performance

The company has a 50-day simple moving average of GBX 850.21 and a 200-day simple moving average of GBX 835.12. The stock has a market cap of £854.22 million, a PE ratio of 9.42 and a beta of 0.80.

Murray Income Trust Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th were given a GBX 9.50 ($0.13) dividend. This represents a yield of 1.17%. The ex-dividend date of this dividend was Thursday, May 15th. Murray Income Trust's payout ratio is 42.97%.

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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