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Murray Income Trust (LON:MUT) Stock Crosses Below 50-Day Moving Average - Here's Why

Murray Income Trust logo with Financial Services background

Murray Income Trust PLC (LON:MUT - Get Free Report) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 848.71 ($11.60) and traded as low as GBX 843 ($11.52). Murray Income Trust shares last traded at GBX 843 ($11.52), with a volume of 131,605 shares.

Murray Income Trust Stock Performance

The stock has a market capitalization of £842.23 million, a PE ratio of 9.29 and a beta of 0.80. The firm's 50 day moving average is GBX 848.71 and its two-hundred day moving average is GBX 834.80.

Murray Income Trust Cuts Dividend

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